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Cattle & Beef - Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Beef/Cattle: The 2025 beef production outlook is raised by 120 million pounds from last month to 26.685 billion pounds. Projections for cattle prices are mixed as slaughter steer prices are lowered to $199.50 per hundredweight (cwt) and feeder steer prices are raised to $274.75 per cwt. Beef import and export forecasts are raised to 4.875 billion pounds and 2.820 billion pounds, respectively.