Retail Beef & Meat Outlook

It’s the Ranch It Up Radio Show Herd It Here Weekly Report!  A 3-minute look at cattle markets, reports, news info, or anything that has to do with those of us who live at the end of dirt roads.  Join Jeff 'Tigger' Erhardt, the Boss Lady Rebecca Wanner aka 'BEC' by subscribing on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. Retail Beef Prices Continue To Climb According to the latest USDA data, the retail beef price composite reached a new all-time record in June, averaging $9.35 per pound. That's up 14 cents from May and marks the highest monthly average ever recorded. Several popular cuts saw noticeable price increases, including ground chuck, stew beef, round roast, sirloin steak, and uncooked beef roasts. Round roast posted one of the biggest jumps, climbing 35 cents a pound during the month. The only major cut to see a price decline was chuck roast, which slipped 6 cents to $9.55 per pound. Despite record-high prices, consumer demand for beef has remained remarkably strong. USDA Meat Forecast For 2027 The USDA is forecasting even less beef production over the next two years as America's cattle herd remains historically tight. In its latest World Agricultural Supply and Demand Estimates report, USDA lowered its 2026 beef production forecast by 150 million pounds and trimmed another 185 million pounds from its 2027 outlook. Officials say fewer cattle being marketed and lighter carcass weights are behind the reductions. Meanwhile, chicken production is headed in the opposite direction. USDA increased its forecast for both this year and next, saying poultry producers are expanding because of strong profit margins. Pork production was adjusted only slightly lower, while turkey production saw little change overall. Despite the shifts among species, total U.S. meat production is expected to remain nearly unchanged over the next two years. REFERENCE: https://meatingplace.com/less-beef-more-chicken-in-usdas-2026-27-forecast/ Upcoming Feeder Cattle, Bull & Cow Sales On RanchChannel.Com Lots of feeder cattle, steers & heifers, bulls, and cow sales coming up on the RanchChannel.Com sale calendar.  Check out the full line up HERE. SPONSORS Jorgensen Land & Cattle https://jorgensenfarms.com/ @JorLandCat Ranch Channel https://ranchchannel.com/ @RanchChannel Questions & Concerns From The Field? Call or Text your questions, or comments to 707-RANCH20 or 707-726-2420 Or email [email protected] FOLLOW Facebook/Instagram: @RanchItUpShow SUBSCRIBE to the Ranch It Up YouTube Channel: @ranchitup Website: RanchItUpShow.com https://ranchitupshow.com/ The Ranch It Up Podcast is available on ALL podcasting apps. https://ranchitup.podbean.com/   Rural America is center-stage on this outfit. AND how is that? Because of Tigger & BEC... Live This Western Lifestyle. Tigger & BEC represent the Working Ranch world by providing the cowboys, cowgirls, beef cattle producers & successful farmers the knowledge and education needed to bring high-quality beef & meat to your table for dinner. Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner aka BEC here: TiggerandBEC.com https://tiggerandbec.com/