320: What Global Beef Market Changes Mean for Cattle Producers Today with Derrell Peel

Lauren had a great conversation today with Derrell Peel, livestock economist and professor at Oklahoma State University, to break down how global beef markets are shifting and what that means for U.S. cattle producers today. From record-high cattle prices and historically tight supplies to the reality that the U.S., Mexico, and Canada now operate as a highly interconnected system, this episode takes a deeper look at how trade, borders, and market dynamics are shaping the industry. They discuss the ongoing challenges with the Mexico border closure, how that has impacted feeder cattle supply, and why those disruptions could have longer term effects on the North American beef supply chain. The conversation also expands to the global stage, where shifting production, growing international demand, and changing trade flows are creating both uncertainty and opportunity for producers moving forward. Derrell shares insight on the current cattle cycle, why herd rebuilding will take time, and how producers should think about risk, volatility, and positioning in today’s market. Links: Derrell Peel Oklahoma State - https://experts.okstate.edu/derrell.peel Beef Magazine - https://www.beefmagazine.com/author/derrell-peelCattleUSA Insurance - https://info.cattleusainsurance.com/l/1102253/2025-06-04/288f5m⁠CattleUSA Website - https://www.cattleusa.com/Facebook - https://www.facebook.com/cattleusamediaInstagram - https://www.instagram.com/cattleusa.media/Subscribe to our newsletter - https://www.cattleusadrive.com/premiumCattleUSA Media - https://www.cattleusamedia.com/Lauren’s Instagram - https://www.instagram.com/_laurenmoylan/Lauren’s Youtube - https://www.youtube.com/@ShowboatmediacoThe Next Generation Podcast Website - https://www.thenextgenag.com/Key Takeaways:Global beef markets are becoming increasingly important to U.S. producersThe U.S., Mexico, and Canada function as an integrated cattle systemBorder disruptions with Mexico have tightened feeder cattle supplyTrade flows are driven by product differences, logistics, and demandU.S. cattle inventories are at multi-decade lowsRecord-high cattle prices are driven by tight supply and strong demandHerd rebuilding will be slow and take several yearsVolatility and geopolitical factors continue to impact marketsRisk management and flexibility are critical in today’s environmentProducers should stay focused on forage and core production decisionsChapters:00:00 Introduction + Derrell Peel background (Oklahoma State)03:00 Current U.S. cattle market and supply08:00 North America as one cattle system14:00 Canada trade dynamics18:00 Mexico border and feeder cattle impact24:00 Long-term implications of trade disruptions30:00 Global beef market shifts36:00 Cattle cycle and herd rebuilding timeline42:00 Risk, volatility, and market strategy48:00 Producer mindset and final takeawaysglobal beef market, cattle market outlook 2026, US cattle industry, Oklahoma State livestock economist, Derrell Peel cattle market, North American cattle trade, US Mexico Canada cattle market, Mexico border cattle trade, feeder cattle supply, cattle market volatility, risk management cattle producers, cattle cycle analysis, herd rebuilding cattle, beef demand global, livestock economics