Skip to main content
Skip to main content

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Cattle & Beef - Market Outlook

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

Report Summary

Beef/Cattle: Fed cattle slaughter remains historically low, leading to lower beef production forecasts for 2026 and 2027. Cattle prices continue to decline from spring highs, reducing price expectations through next year. The expansion of a tariff-free quota for lean beef from September through November is expected to boost U.S. imports in late 2026, and beef export projections are raised slightly for both 2026 and 2027.