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National Beef CEO Tim Klein said the company is through the worst part of the cattle cycle, citing reduced US slaughter volumes and robust consumer demand. National Beef reported a 2.1% EBIT margin, its highest since 3Q24, as US live cattle futures retreat from late-April highs.
Lower slaughter volumes and firmer beef prices are improving processor margins, but tighter cattle supply keeps livestock costs elevated. Administration moves to expand beef imports and resume Mexican cattle shipments could ease supply tightness and cap cattle price gains.
mixedtimes.comTyler DurdenNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
