WASHINGTON, D.C. (RFD News) — Cattle prices remain historically strong, but USDA’s June outlook adds a new border-region concern after New World screwworm was confirmed in a Texas calf.
The Economic Research Service says known cases have not changed the national cattle supply situation. The report says supplies remain tight, and cattle moving from farms to feedlots are not expected to be greatly affected at the national level.
The 2026 beef production forecast is lowered by 110 million pounds from May to 25.438 billion pounds. Slower slaughter through early June is the main reason for the reduction.
Slaughter steer prices are forecast at $250.16 per hundredweight for 2026. Feeder steer prices are lowered to $375.22, reflecting recent Oklahoma City price data.
The biggest near-term risk is regional cost. Southern border producers may face added time, surveillance, treatment, and movement-compliance expenses.