USDA’s June meat price forecast projects protein prices climbing higher across the board in the coming years.
World Ag Outlook Board Chair Mark Jekanowski says that while it was expected for steers, you might be surprised by the strength in other markets like hogs and poultry.
“We raised our hog price forecast by $1.75 per hundredweight to $67.40 per hundredweight... broilers and turkey, again, seeing some price strength there. Broilers in particular, kind of being supported by the strength in beef prices, at least in part. For our broiler price forecast this month, we raised by half a cent a pound. So, now it is at 133.7 cents per pound for 2025. Anticipating continued strength into 2026, we raised our forecast one cent per pound to 135.5 cents per pound, that would be up 1.8 cents year-over-year.”
For steers, the numbers are just climbing higher and higher.
“Our steer price forecast, we raised by $7 per hundredweight. So, we’re now at again another record high, $221.51 per hundredweight for steers for 2025. We expect that to increase further into 2026 or 2026 forecast. We raised by $5.75 per hundredweight to $228.50 per hundredweight.”
Consumer demand for beef has held strong despite the tightening of today’s cattle herd. Some experts are growing weary of just how high those prices are set to climb.
Protein-driven dairy growth is boosting beef supply potential, creating an opening to support rural jobs and ground beef availability.
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China’s beef policy risk stems from domestic volatility, making export demand inherently unstable. Jake Charleston with Specialty Risk Insurance offers his perspective on cattle markets, risk management, and producer sentiment.
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Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
January 13, 2026 08:00 AM
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Strong pork demand and improving beef exports outside China support protein markets despite ongoing trade barriers.
January 13, 2026 06:00 AM
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Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.
January 10, 2026 07:00 AM
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Tight fed supplies shift margin risk to packers, strengthening cattle price leverage but increasing volatility.
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Reduced winter placements indicate tighter fed cattle supplies and greater leverage during peak-demand months.
January 09, 2026 06:00 AM
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Retail pricing confirms tight cattle supplies and supports continued leverage for producers, reinforcing the need for disciplined risk management.
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