Cattle Pricing

Meat Institute report analyzes the state of beef cattle markets and points out current pricing myths.

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.

Economist Dan Basse predicts a bullish outlook for the beef industry, with projected 2025 revenue of $113 billion — compared with $57 billion for corn.