Stocker

Terrain’s Dave Weaber says herd expansion remains on hold heading into 2027, with feeder cattle and fed cattle prices expected to hit new highs in Q3 — even as a potential strong El Niño and the Cargill Fort Morgan lockout add fresh uncertainty to the supply picture.

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