US consumers face possibility of higher beef prices in 2026
US beef supply will fall 2.5% to 31.1 billion pounds in 2026, the lowest since 2019, as drought and tariffs reduce production and imports, USDA reports.
- Next year, American beef lovers may face potentially reduced beef availability as US beef production is expected to fall 1.8% to 25.5 billion pounds and imports decline 6.1% to 4.95 billion pounds, the USDA projects.
- The Trump administration imposed tariffs on Brazilian beef, while persistent drought and high costs have constrained US herd inventories to decades lows.
- The US Department of Agriculture projects total beef supply in 2026 will drop 2.5% to 31.1 billion pounds, the lowest since 2019, with forecasts revised lower from last month.
- Next year, US production shrinking to a decade low and tariffs limiting importers may cause record beef prices to rise, according to the USDA projection.
- Rebuilding the herd in 2026 would tighten supplies as ranchers retain more breeding females, especially given record prices for slaughter-weight animals.
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US consumers face possibility of higher beef prices in 2026
By Gerson Freitas Jr., Bloomberg News American beef lovers may face even leaner plates and higher prices next year as US production shrinks to a decade low and tariffs limit imports, according to a US government projection. Related Articles South Korean Supreme Court dismisses US composer’s ‘Baby Shark’ copyright claim NY attorney general sues Zelle’s parent company after Trump administration drops similar case …
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Total News Sources16
Leaning Left0Leaning Right3Center13Last UpdatedBias Distribution81% Center
Bias Distribution
- 81% of the sources are Center
81% Center
C 81%
R 19%
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