Cattle Prices Stay Strong Despite Screwworm Cost Concerns

Strong cattle prices continue as USDA monitors the impact of New World screwworm along the southern border.

beef cattle.jpg

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.

Farm-Level Takeaway: Cattle producers should track screwworm rules closely, because local movement limits could matter even if national forecasts change little.
Tony St. James, RFD News Markets Specialist

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

The special provision giving producers the higher of ARC or PLC for 2025 will not continue next year.
Higher shipping costs could make U.S. grain less competitive overseas.
Higher heating costs are putting added pressure on household budgets in rural communities.
The planned UAE facility could create a new annual export outlet for American corn growers.
Slower exports and stronger foreign competition are weighing on the U.S. pork sector.
AFBF Deputy Chief Economist Dr. Faith Parum says Title I commodity payment rates are expected in November. Producers should watch for USDA application details and contact local FSA offices.
More soybeans are being processed domestically as renewable fuels drive demand for soybean oil.
USDA’s new regional cattle report could give producers a clearer view of cash prices as negotiated trade continues to shrink.
Countries that buy American cotton could receive favorable tariff treatment on qualifying apparel.
Wheat remains closest to triggering a PLC payment as producers approach the December election deadline.
New and expanded rail lines could give Brazilian soybean and corn exports a stronger cost advantage.
Barge traffic improved, but grain movement continues to face higher transportation costs during harvest.
Agriculture Shows
Agriculture is the most important industry in the world, and Ag PhD Daily brings you the information you need to best manage your business only on RFD-TV and RFD+
Hosted by Scott “The Cow Guy” Shellady, Commodity Talk on RFD-TV and Rural Radio SiriusXM Channel 143 delivers expert insight into today’s agricultural commodity markets just before the CME opens.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.