Beef Cattle

Despite daily volatility, cattle markets are still driven by strong demand and tight supplies. Rising fuel costs could pressure consumers, but slow herd expansion keeps the long-term outlook bullish through the decade.

Figures largely in line with analyst expectations

Tight cattle supplies, delayed herd rebuilding and resilient beef demand point to continued market strength, with economists saying higher cattle price highs in 2026 are still on the table.

Brazil has officially surpassed the U.S. as the world’s top beef producer. With U.S. production down 3.9%, analysts point to Brazil’s feed capacity and rising imports as key drivers of this historic market shift.

Imports will be slow at first, based on the need to implement and test new protocols.