Insights and Stories on Beef Markets

Raw beef with a brazil flag label on it.

U.S. tariffs on Brazil will reshape global beef trade flows, analysts say

Aug. 27, 2025 at 4:07 pm CDT

Higher U.S. tariffs on Brazil are expected to reshape global beef trade flows, sparking increased shipments to the U.S. from countries like Mexico and Australia while Brazil seeks alternative markets, analysts said on Wednesday.

Black Angus breed cattle in a feedlot or feed yard. Ear tags and electronic monitoring tags have been touched up to removed distinguishing numbers and features

U.S. cattle ranchers slowly start to rebuild decimated herd

Aug. 7, 2025 at 10:40 am CDT

By Reuters Tom Polansek

U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says

May. 14, 2025 at 10:24 am CDT

By Reuters

Brazil’s JBS bullish despite challenging outlook for US beef business

Mar. 26, 2025 at 10:20 am CDT

By Ana Mano Reuters

Threat of tariffs looms at Saskatchewan Beef Industry Conference

Jan. 30, 2025 at 5:37 pm CST

By Melissa Jeffers-Bezan

Australia cashes in on beef exports as US cattle herd shrinks

Oct. 17, 2024 at 10:54 am CDT

A slump in U.S. beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channelling billions of dollars to cattle processors and farmers.

By Peter Hobson Reuters

Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC

Sep. 17, 2024 at 11:34 am CDT

Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.

By Geralyn Wichers

National Beef Strategy celebrates gains

Aug. 9, 2024 at 2:24 pm CDT

The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.

By Alexis Kienlen

Total US cattle herd drops to lowest level since 1951 – USDA

Feb. 2, 2024 at 9:37 am CST

Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.

By Reuters Tom Polansek

Klassen: Yearling return to the lineup on strong demand

Jan. 16, 2024 at 9:33 am CST

The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.

By Jerry Klassen

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