Retail Beef

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.

Some row-crop growers are converting acres, banking on long-term opportunities with beef. Others are staying the course with crops but embracing ways to add some dollars to their bottom line in the short-term.

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