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Cattle & Beef - Market Outlook

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

Report Summary

Beef/Cattle: The 2025 beef production outlook is raised by 15 million pounds from last month to 26.700 billion pounds. Projections for cattle prices are higher as slaughter steer prices are raised to $205.51 per hundredweight (cwt) and feeder steer prices are raised to $281.03 per cwt. Beef import and export forecasts are lowered to 4.860 billion pounds and 2.685 billion pounds, respectively.