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USDA forecasts higher US consumption of beef, pork and chicken in 2026. Beef prices are at record levels because of the smallest US cattle herd in 75 years.
Chicken remains the most affordable and most consumed meat, and pork supply is described as balanced.
Strong meat demand alongside tight beef supply supports cattle prices, while abundant chicken supply keeps competition for beef in check.
fb.orgBernt NelsonMay 19, 2026After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
Not 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.
