On April 14, live cattle futures surpassed $250 for the first time, with feeder cattle futures also hitting new highs due to a 75-year low in cattle inventories and a closed Mexican border.
The border closure, prompted by New World Screwworm concerns, has sharply reduced feeder cattle imports, while U.S. beef demand is at a 40-year high as grilling season approaches.
Despite record prices and heavier carcass weights, herd expansion has not begun, and packer margins remain negative, suggesting continued tight beef supplies and elevated prices through at least 2026.
With Mexico building its own beef industry, is the era of U.S. reliance on its feeder cattle imports over for good?
Beef prices are soaring, yet meat packers are losing money. Who is actually profiting from this market crisis?
Ranchers are raising heavier cattle to meet demand. Is this a sustainable solution or a short-term fix?
With cattle herds at a 75-year low, what will it take for American ranchers to finally rebuild?
A presidential order aims to lower beef prices. Will consumers actually see relief at the grocery store?
A border shutdown over a parasitic fly is costing billions. Is the economic pain justified by the animal health risk?