Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Beef/Cattle: Tightening supplies of cattle will continue to pull down U.S. beef production in 2025, supporting a 6-percent year-over-year decline to 25.120 billion pounds. As a result, aggregate domestic beef disappearance in 2025 is expected to decline more than 5 percent to the retail-equivalent basis of 55.6 pounds per capita, the lowest since 2015. In 2024, a temporal shift in expected marketings to second-half 2024 and heavier carcass weights lift the production forecast to 26.595 billion pounds. Cattle prices are projected to reach new highs in 2025; however, the 2024 forecast is lowered from last month. The 2025 import forecast is expected to set another record, while exports are forecast to decline by more than 11 percent.

Livestock, Dairy, and Poultry Outlook: May 2024 Feed Outlook: May 2024 Cover Crops on Livestock Operations: Potential for Expansion in the United States Livestock, Dairy, and Poultry Outlook: April 2024 Feed Outlook: April 2024

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Wholesale Beef Costs Rose as Cattle Prices Dropped During Supply-Chain Disruptions in 2020 Demand Factors Key To Measuring Trade Impacts of Country of Origin Labeling It’s in the Genes: Comparing Dairy Bulls’ Ability To Transmit Traits to Their Daughters Regulation, Market Signals, and the Provision of Food Safety in Meat and Poultry U.S. Beef and Pork Consumption Projected To Rebound

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Livestock and Meat Domestic Data Livestock and Meat International Trade Data Meat Price Spreads Feed Grains Database International Baseline Data

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Animal Products Animal Policy & Regulatory Issues Corn and Other Feed Grains Crop & Livestock Practices Agricultural Baseline

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