See the latest Livestock, Dairy, and Poultry Outlook report.
Report Summary
Beef/Cattle: Minor adjustments are made to the production forecasts. The 2025 beef production forecast is lowered to 26.358 billion pounds, and the 2026 beef production forecast is raised to 25.275 billion pounds. The outlook for cattle prices is raised from last month, reflecting recent price strength. The 2025 beef import forecast is raised from last month, revealing stronger-than-previously-expected U.S. demand. The 2025 beef export forecast is raised on stronger-than-previously-expected demand overseas. The 2026 beef trade forecasts are updated to adjust for temporal shifts in trade patterns.