The cattle market still anticipates peak prices for 2013 in nearly every segment of the industry, but it all depends on the weather.
Precip deficits also remain wide across northern Illinois and northern Indiana.
Each year Pro Farmer usually picks an individual for their Ag Person of the Year, but this year they selected a group-- cattle producers.
But more drought relief coming to the eastern Corn Belt.
Some long-term changes have begun that will have significant implications for the beef cattle industry.
Drought cuts deep for livestock farmers
There is ample capacity to rebuild the cowherd according to the demands of the market, but how it will be done is likely to be different.
Persistent drought conditions in sections of the U.S., rain in Argentina and export levels all are contributing factors.