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
Greater transparency into USDA-backed lending can help rural lenders and producers better assess credit availability and investment trends.
Mixed product pricing and rising milk supplies suggest margin management will remain critical as 2026 unfolds.
Roger McEowen, with the Washburn School of Law, offers an in-depth look at two of the top legal issues of 202. Today, he walks through last year’s Waters of the United States (WOTUS) ruling and “lawfare.”
The West Carroll Parish Ag Expo represents more than farming — it is about the future of agriculture, where tradition meets innovation, and where the backbone of Northeast Louisiana continues to thrive.
Marilyn Schlake with the UNL Department of Agricultural Economics joined us for a closer look at the evolving role of livestock sale barns.
New rule speeds leasing and permitting for federal oil and gas development

LATEST STORIES BY THIS AUTHOR:

Gretchen Kuck of the National Corn Growers Association joined us to discuss the Ag Coalition for USMCA’s report findings and expectations ahead of the upcoming USMCA review.
The agreement formalizes coordination between the two departments to address security concerns affecting U.S. agriculture.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
RealAg Radio host Sean Haney outlines the Trump Administration’s current trade priorities and what meaningful market expansion looks like for farmers.
Dr. Kelly Bruns from the Nebraska College of Technical Agriculture discusses how the college prepares students for careers in agriculture.
Bankruptcy filings reflect prolonged margin pressure, rising debt, and limited financial flexibility across farm country. Bigger operating loans are helping farms manage costs, but they also signal growing reliance on borrowed capital.
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.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.