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Oklahoma State livestock specialist Derrell Peel said cattle prices remain supported by tight supplies despite greater market volatility in the second half of 2026. He expects U.S. beef production to fall by about 4.5% in 2026, with higher carcass weights partly offsetting lower slaughter as producers consider whether to rebuild herds.
Fewer cattle and declining beef production constrain available supply, supporting cattle prices even as herd rebuilding decisions shape the longer-term outlook.
oklahomafarmreport.comCarli DavenportNov 9, 2026Not enough comparable past events yet for a historical read.
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.
