Altin Kalo

Against this backdrop of deep packer losses, the industry has seen significant capacity reductions.

With fewer beef cows available, dairy cows now make up a larger share of the cow beef supply feeding America’s hamburger demand. 

Speculation about reopening the US to imports from Mexico drives volatility in the cattle market. 

Cattle, and therefore beef, prices are likely to remain elevated given the lower pipeline supplies and ongoing suspension of cattle trade with Mexico.

We do not know when or how USDA will decide to resume trade with Mexico, but even when that happens, trade is likely to be slow given the extra screening requirements.

US could see beef imports increase by another 400 milion to 500 million pounds in 2026.

Producers are making the most money they ever have and also have the most money at risk for the next calf crop.

With imports slowing, grilling season behind us, and carcass weights climbing, the fat trim market could again come under pressure.

Consumers have steadily increased the share of protein in their diets, with beef consistently ranking at the top.