steer prices

The USDA painted a picture of tightening beef and pork supplies in its September forecast, with steer prices down $8 per cwt.

The USDA just trimmed its steer price outlook for both 2026 and 2027, and beef packers are feeling the squeeze from falling box beef prices.

The beef forecast for 2026 is looking a bit slimmer, but what does that mean for our favorite local meals? Let’s dive into the details.

The latest forecast from USDA shows a slight increase in beef production this year and next. The Department says the increase this year is up to 190 million pounds, while 2026’s number increased to 340 million pounds.

When it comes to U.S. beef production, 2025’s number was lowered a little bit, 170 million pounds, based on relatively slower pace of slaughter, especially steers and heifers recently.

The June USDA Beef Production and Steer Price forecast had a familiar ring to it; extremely tight beef supplies, and prices that continue to set new records.  World Agricultural Outlook Board chair Mark Jekanowski said production changes are expected.   “For ...

The latest USDA numbers show the size of the U.S. beef cattle herd continues to shrink.  Last week’s Cattle On Feed report shows placements into feedlots during January were down 4%, feed lot inventories on February 1st came in at 11.7 million, resu...

Another year of lower beef production, that's what USDA analysts are expecting for 2023. USDA Outlook Board Chairman Mark Jekanowski said drought, reduced forage supplies and very high livestock feed prices are pushing cattle producers to take more cattle off pastures, sending them earlier than normal to feed lots and to slaughter ...

The USDA's most recent look at beef production and price, included adjustments to the Department's 2021 calendar year, with the production forecast increased by ten million pounds. So, what's expected for 2022? "No change to beef production, but noteworthy that beef production year over year, we are anticipating it to be down," noted World Agricultural Outlook Board Chair, Mark Jekanows

The USDA reported a few minor changes in their most recent beef numbers. First when it comes to beef production, according to World Agricultural Outlook Board Chair, Mark Jekanowski: "A load which higher cow slaughter which would contribute to more production but that's offset by lighter carcass weights, so that net production is virtually unchanged ...