USDA lowers 2026 beef production, sees decline ongoing into 2027

The USDA has cut its 2026 U.S. beef production projection. Beef is now seen at 25.547 billion pounds, down 243 million from April due to the tight supply of ready numbers, with the average steer price estimated at $249.66 per hundredweight, up $8, and higher imports and consumption against lower exports. The other major meats […]

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