Calves

Strong demand supports beef prices amid economic volatility, but herd investment and growth slows as producers grapple with increasing uncertainty due to political noise.

Oklahoma State’s Derrell Peel says the beef industry needs time — not politics or policy — to solve beef supply and demand realities.

Although warning signs are emerging, economists say record-high beef prices could hold for up to two more years. Tight supplies and strong demand continue to drive the market, but economists and producers are apprehensive with talks of reopening the border.