USA

The USDA projects a nearly 5 percent drop in US beef production in 2026

Beef

The United States Department of Agriculture (USDA) projected a 4.8% drop in beef production for 2026, with a 1.9% decline in imports and a 4.6% drop in per capita consumption.

Posted on May 20 ,00:20

Last week, the first forecasts for the beef market for 2026 were released.

The report revised the production estimate for 2025 downward, falling 2.1% year-over-year compared to the 1% drop projected in April.

Meanwhile, the import projection for 2025 was raised, growing 9.4% compared to 2024. 

The USDA forecasts that exports will fall 11.3% in 2025 and an additional 6.3% in 2026.

Domestic per capita beef consumption in 2026 will fall to 56.4 pounds, compared to 59.1 pounds at the close of this year.

Comments

Similar articles