Rebuilding The Herd: Are We Approaching a New Cattle Cycle?

Key signs of the U.S. beef herd’s recovery are improved pasture conditions, lower feed costs, and increased regulatory alignment and support for producers to implement targeted grazing practices.

CHAMPAIGN-URBANA, Ill. (RFD-TV) — After years of declining herds, there are signs that the cattle industry may be poised to grow again. According to University of Illinois Urbana-Champaign ag economist Brittney Kay Goodrich, a new cattle cycle may be taking shape.

“We’re at what I would say is the end of the previous cattle cycle, but potentially the beginning—or we’re almost at the rebuilding stage, or in the expansionary stage of a new cattle cycle,” Goodrich said. “Producers have obviously been seeing record-setting prices over the last number of months. We’ve had the lowest cattle herd size since the 1960s. There’s not a lot of cattle out there, so that’s really driving those prices higher.”

But even with those strong prices, Goodrich says drought conditions are still holding many producers back from rebuilding their herds.

“We haven’t seen any expansion in the cattle herd at this time, and part of that again is because we’ve seen the Drought Monitor here in Illinois, and it looks a lot worse than it did two weeks ago,” she explained. “And so, the drought makes those input costs of keeping cattle really high, and so then it looks a lot better to sell those feeder calves off and not expand your herd size. But it is anticipated that eventually, producers will start increasing these herd sizes again, and we will start to see the start of a new cattle cycle that will probably start in 2026.”

Goodrich said that improving pasture conditions and lowering feed costs must occur before herd rebuilding really gains momentum — signs she expects to see within the next year or two.

Supporting Livestock Producers With Wildfire Mitigation

We are still in the middle of wildfire season in the Western U.S., and grazing can help manage rangelands. However, industry leaders with the Public Lands Council (PLC) and the National Cattlemen’s Beef Association (NCBA) say that producers with federal grazing permits are facing new challenges in their efforts to mitigate wildfire risks.

“Over the last 20 years, really, we’ve seen a massive explosion in catastrophic wildfires,” said Kaitlynn Glover, PLC Executive Director and NCBA Executive Director of Government Affairs. “Fire generally can be a really good tool, right? We use prescribed fire. We recognize that fire has an important ecosystem role, but when they burn so hot, so fast, and so large, you see again, sort of a conversion of some of these landscapes into annual grasses. Do you see challenges to tree regeneration in some of these more forested ecosystems?”

Like prescribed burns, Glover explains, targeted grazing can also be used as a tool to mitigate the risk of uncontrolled wildfire.

“And so, the PLC has been really focused on a few things and has successfully worked with a number of members of Congress on a bipartisan basis to include more direction and more facilitation to the agencies to do targeted grazing, to do prescribed grazing, to use grazing as that fine fuels management tool,” she said.

Glover says the people who hold federal land permits often wear many hats—many serving as first responders in addition to their roles as farmers and ranchers. She said the PLC is working to expand tools and resources for them, with a significant focus on strengthening partnerships with the Bureau of Land Management (BLM) and the U.S. Forest Service.

Related Stories
Justin Wheeler with the American Society of Farm Managers & Rural Appraisers joined us with insight into current farmland values and what to watch in the year ahead.
Tennessee 4-H members Jayden Hesson and Matthew Rochford joined us to discuss how 4-H is helping young leaders plan for the future of agriculture.
Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
Matt Brockman, Communications Director for the Fort Worth Stock Show and Rodeo, joined us with a look at how the legendary event is moving forward—weather and all.

LATEST STORIES BY THIS AUTHOR:

As we gear up for the big event, Team BUBBA’s Brent Chapman of Kansas joined us on Wednesday’s Market Day Report to talk preparation, teamwork, and the state of competitive bass fishing.
House lawmakers are expected to vote late this afternoon to end the longest government shutdown in U.S. history. The bill they are voting on includes some big priorities for Rural America.
A Reuters report shows China has a soybean “glut,” finding stockpiles at Chinese ports are at record levels, with crushers there holding the most supplies since 2017.
Once a year, Army crew chiefs and Black Hawk mechanics undergo live aerial gunnery training—loading, firing, and practicing the teamwork they’ll need in real missions.
The National Milk Producers Federation (NMPF) says recent wins in markets like Malaysia and Cambodia help farmers focus on production rather than trade barriers.
Kubota President Alex Woods discusses the “Geared to Give” program, the company’s commitment to those who served, and how the initiative continues to grow and impact veterans.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.