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Feedyards, Packers Disrupted by Weather and Energy Shortage

A winter storm and the coldest temperatures in decades has created another crisis for cattle feeders and beef packers. Rolling power outages and natural gas shortages at many High Plains feedyards has hampered efforts to keep cattle fed during these brutal conditions. The deep freeze this week in Texas, which relies on electricity to heat many homes, is causing power demand to skyrocket. At the same time, natural gas, coal, wind and nuclear facilities in Texas have been knocked offline by the record-low temperatures.

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Winter Weather and the Cattle Market Outlook - Livestock Marketing

Video: Winter Weather and the Cattle Market Outlook - Livestock Marketing

Derrell Peel, OSU Extension livestock marketing specialist, discusses how the recent bout of winter weather could influence cattle markets, including impacts on production costs, animal performance, and short-term price movement.