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US beef supply decline and cattle farmer crisis 2026

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FIRST ENTRY SEP 24
SEP 24 · Day 1

US beef supply shrinks as cattle farmers report declining numbers

Will Harris said cattle farmers have liquidated their herds after years of not making a profit.

The number of cattle commercially slaughtered fell from about 17.5 million during the first seven months of 2025 to 16.2 million during the same period in 2026.

The U.S. both imports and exports beef, with trade patterns influenced by domestic production, consumer demand and global markets, according to USDA data.

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