# Don’t expect the price of beef to drop anytime in the near future, industry warns

> U.S. ground beef prices remained near record levels in October, at $6.755 per pound after reaching $6.923 in August. Industry experts attribute the high prices to a small domestic cattle inventory and say rebuilding the herd could take years.

- Date: 2026-11-10 · published 2026-11-11T00:21:28.689Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/92550-don-t-expect-the-price-of-beef-to-drop-anytime-in-the-near-future-industry-warns
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A tight cattle supply limits beef production and keeps prices elevated, supporting live-cattle values and costs for beef buyers. The story points to persistent supply pressure rather than a near-term price decline.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- independent.co.uk: https://www.independent.co.uk/news/world/americas/us-beef-prices-ranchers-farmers-b3082551.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.