See the latest Livestock, Dairy, and Poultry Outlook report.
Report Summary
Beef/Cattle: The 2026 beef production outlook is forecast to be lower by 20 million pounds from last month to 25.790 billion pounds. Upon updating the first quarter forecast with price data through March, cattle prices in the outlying quarters are unchanged. The forecast for slaughter steer prices is $241.66 per hundredweight, an 8-percent increase over last year. Beef imports are forecast to be higher than last month at 5.790 billion pounds, a 6-percent rise from 2025. However, beef exports are forecast to be lower at 2.365 billion pounds, an 8-percent decline from last year.