Meat Prices Stay High as Cattle Numbers Hit Lowest Level Since 1950s
- Choice boxed beef prices reached record highs in spring 2025, peaking at $459.04 weekly before staying above $330 for 10 weeks nationwide.
- This price surge follows decreasing cattle slaughter and beef production, with fed slaughter down 5.6 percent in recent weeks compared to 2024 levels.
- Strong consumer demand, limited cattle supply, and seasonal factors support sustained high beef prices despite some expected summer declines due to heat and seasonal trends.
- Experts like Andrew Griffith and Derrell Peel note the market strength persists as beef demand and declining production push trimmed beef values up over 10 percent year over year.
- Industry outlook remains bullish with improving rangelands, healthy futures markets, and ongoing herd expansion expected to support elevated prices for multiple years.
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Beef Prices Soar As Cattle Herd Sinks To Lows Not Seen Since The 1950s, Here's When Prices Will Drop
Meat prices remain high across the U.S. as the national cattle herd hits record lows. But industry leaders say herd rebuilding is underway, and shoppers could see relief by late 2026. Key Facts: The U.S. cattle herd is at its lowest level since the 1950s, according to the USDA. Steak prices are up 7%, ground beef 10%, chicken nearly 3%, and ham over 4% year-over-year. Omaha Steaks CEO Nate Rempe predicts herd rebuilding will take 12 months, wit…
Soaring beef prices push summer staples out of reach for many Canadians, study shows
A new report from Dalhousie University’s Agri-Food Analytics Lab says beef is quickly becoming a luxury item in Canada, with soaring prices changing the way many families approach summer barbecues.
·Canada
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Leaning Left1Leaning Right3Center7Last UpdatedBias Distribution64% Center
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- 64% of the sources are Center
64% Center
C 64%
R 27%
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