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A North Dakota State University Extension update says beef byproduct values have declined from the record levels reached in 2022. Beef byproduct values fell 12.7% while beef exports fell 21.2%.
The article notes that export demand matters more for byproducts because US production is large relative to domestic demand.
Weaker byproduct values lower the drop value that packers pay for live cattle, which pressures cattle prices. The effect is gradual and reflects a long-running trend rather than a new shock.
angus.orgJul 1, 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.
