Despite its continuously shrinking cattle herd, U.S. beef production is running a bit higher than expected this year. It has many worried about what is to come.
According to USDA’s Outlook Chairman, Mark Jekanowski, “We raised our steer price forecast for both 2024 and 2025 this month. For 2024, we have a price forecast of $186.68 per hundred weight. We expect that to strengthen further into 2025 with even tighter supplies. So, our current forecast for 2025 is $188 per hundred weight. That would be up $1.32 per hundred weight year-over-year.”
Jekanowski says that outlook is largely dependent on the decisions cattle producers have made over the last three years and are even making now.
“We’re not retaining many heifers to grow the herd. We keep, you know, pulling those cattle in to feed lots to produce beef today instead of beef months and years ahead,” he adds.
Some analysts believe next year’s prices could be the straw that breaks the camel’s back so to speak, finally triggering producers to retain more heifers for herd expansion.
Aris Georgiadis with Dairy Management Inc. joined us to discuss the “Dairy Does More” campaign and how it is working to boost demand for dairy.
April 10, 2026 02:10 PM
·
Rising diesel and energy costs are squeezing farmers and rural communities, increasing production expenses and raising concerns about consumer demand for beef even as U.S. meat exports regain the Australian market.
April 10, 2026 01:23 PM
·
Texas ranchers and lawmakers warn of renewed New World screwworm risks, highlighting prevention efforts, border concerns, and the role of sterile flies in protecting U.S. livestock.
April 10, 2026 11:19 AM
·
Farm Bureau economist Danny Munch discusses the USDA’s request for feedback on data and research, how such requests work, and what farmers should know about submitting comments before the Thursday, April 9 deadline.
April 09, 2026 03:39 PM
·
USDA Undersecretary Dr. Mindy Brashears provides more insight on the updated “Product of USA” label campaign and the USDA’s goals for both consumers and producers.
April 09, 2026 02:19 PM
·
$2 million project tests fogging system to stop the virus in poultry facilities
April 09, 2026 12:45 PM
·
