USDA Projects 2027 Steer Prices Above 2026 & 2025 Levels

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. Projected Higher Steer Prices In 2027 The May WASDE report provided the first official look at 2027 steer price projections, and USDA is forecasting prices even higher than the record levels expected in 2026 and the record prices seen in 2025. USDA projected the 2027 steer price at $254 per hundredweight, compared to the 2026 projection of $249.66 and the 2025 annual average of $224.37. That puts 2027 prices $4.34 higher than the projected 2026 record average, an increase of 1.7%. Compared to 2025, the 2027 projection is $29.63 higher, representing a 13.2% increase. USDA also raised its 2026 projection sharply from $241.66 in the April report to $249.66 in the May update due to tighter expected cattle supplies and stronger recent cash market data. USDA steer price projections refer to the 5-Area, Direct, Total All Grades steer price. REFERENCE:  https://www.nationalbeefwire.com/u-s-cattle-report?fbclid=IwY2xjawR6vydleHRuA2FlbQIxMABicmlkETFrcE5GMkNUTEt5TUZ4S0p4c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHpUZYwDgzW-4fuj4oYsNaAuNov4MzXdMdu4DkqE2dXZVZT06QGyLslVe1Rpy_aem_H3Du1lqHbDhp4PjqxeGpcQ 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/