Erik Dohlman

1 month ago | beefweb.com | Tanya Eadie |Brian Williams |Matthew Miller |Erik Dohlman

Source: USDAby Brian Williams, Matthew Miller, Erik Dohlman, Grace Grossen and Mildred HaleyAfter reaching a low point in the cattle cycle in 2025, U.S. cattle inventories are expected to rise to 91.6 million head in 2034. Low supplies in 2026 are projected to drive prices to a record high before falling back through 2031 and then starting a new climb through 2034. Pork production is estimated to reach a record 32.6 million pounds in 2034 as per-capita domestic consumption climbs.