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.
Beef prices have climbed to record highs after cattle ranchers slashed their herds due to a yearslong drought in the western United States.
As retail beef prices increase, the minutes worked to purchase beef are still below previous peak levels in the ‘80s. Consumers see beef as a valuable product and are willing to allocate more of their earnings to purchase it.
The 2025 State of the Beef Industry Report summarizes optimism prevails yet challenges persist in today’s beef industry.
Economist Dan Basse predicts a bullish outlook for the beef industry, with projected 2025 revenue of $113 billion — compared with $57 billion for corn.
Market analysts attribute the strong beef demand to several factors including the consumer craze for protein.
Two studies illuminate food prices for the holiday barbecue season.
Farmshare helps connect producers more directly with end buyers in the market by way of independent processing facilities.