Is The U.S. Cattle Industry Done Shrinking?

An article on Beef Magazine

The U.S. cattle industry reached the midpoint of 2026 still in contraction mode, but with subtle shifts suggesting the long decline may be approaching its end.

Cattle numbers remain tight. Beef production is down 5%, and prices — despite a summer pullback from record levels — continue to reflect constrained supplies and robust demand.

USDA’s July Cattle report provides the clearest evidence yet: The herd is stabilizing, even if rebuilding remains slow.

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