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.
UNL Animal Science Ph.D candidate Anna Kobza joined us on Tuesday’s
Market Day Report to share her agriculture story and tips for other producers hoping to share their ag stories online or with the media.
September 23, 2025 03:24 PM
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Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
September 23, 2025 01:32 PM
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USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
September 22, 2025 12:30 PM
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Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
September 22, 2025 11:10 AM
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The USDA NASS report also confirms lower August placements.
September 19, 2025 03:36 PM
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All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
September 19, 2025 01:01 PM
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Now the Senate must pass a version of the spending bill before the Sept. 30 deadline.
September 19, 2025 11:43 AM
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Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
September 18, 2025 04:43 PM
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California rancher and former NCBA President Kevin Kester joined House Republicans on Tuesday to tout provisions in the Big, Beautiful Bill that support family ranches.
September 17, 2025 01:40 PM
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