Senator Pete Ricketts unveiled the Rebuild the American Herd plan to expand herd size, boost meatpacking competition, and block foreign beef imports under tariff rate quotas. The measures aim to raise domestic cattle supply while limiting imported beef, which could ease beef prices for consumers. Overall, the policy mix is expected to exert downward pressure on cattle prices.
Mexican feeder cattle imports into the U.S. remained uneven, with Santa Teresa reporting only 400 head and Douglas seeing stronger traffic of 1,300 head. The lighter volume at Santa Teresa, previously handling 40% of Mexican cattle before the NWS shutdown, signals potential supply tightness in key feeding regions.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Cattle | China | FOB | USD 4,387.22/KG | August 2026 |
| Cattle | India | FOB | USD 11,411.38/KG | August 2026 |
| Cattle | USA | FOB | USD 5,608.66/KG | August 2026 |
| Cattle | Brazil | FOB | USD 4,664.31/KG | August 2026 |
| Cattle | Australia | FOB | USD 4,573.30/KG | August 2026 |
| Cattle | China | FOB | USD 4,313.88/KG | July 2026 |
| Cattle | India | FOB | USD 11,728.04/KG | July 2026 |
| Cattle | USA | FOB | USD 5,659.60/KG | July 2026 |
| Cattle | Brazil | FOB | USD 4,706.67/KG | July 2026 |
| Cattle | Australia | FOB | USD 4,619.50/KG | July 2026 |
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North American cattle prices remained firm in H1’26, led by tight U.S. supply and steady processor demand. USDA reported 86.2 million cattle and calves on U.S. farms as of January 1, 2026, with beef cows at 27.6 million head, down 1.0%, the calf crop at 32.9 million head, down 2.0%, and cattle on feed at 13.8 million head, down 3.0% from 2025. Cattle and feeder cattle values remained supported as slaughter availability remained limited. In Canada, supply also stayed tight, and processors continued to compete for available cattle. Upstream pressure came from feed grains, fuel, fertilizer, and freight, with the Iran war and Strait of Hormuz closure lifting energy and shipping-risk premiums. Downstream demand from beef processors, retailers, and foodservice buyers remained firm, allowing cattle prices to hold at elevated levels.
Analyst Insight
According to Procurement Resource, cattle prices are expected to stay firm as herd rebuilding remains slow. Any easing would likely depend on improved cattle availability, lower feed costs, or weaker beef demand.
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Cattle are domesticated bovine animals raised globally for milk, meat, breeding, and other livestock applications. They include dairy cattle, beef cattle, and dual-purpose breeds. Cattle farming supports major agricultural value chains by supplying dairy products, beef, leather, and other animal-derived products. Global cattle production is supported through organised farming, breeding programs, and livestock management systems.
Bovine Animals, Beef Cattle, Dairy Cattle, Livestock Cattle
CurrencyUS$ (Data can also be provided in local currency)
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Post-Sale Analyst Support360-degree analyst support after report delivery
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Cattle production: involves breeding, herd management, feeding, veterinary care, and growth monitoring. Animals are raised through pasture-based or feedlot systems depending on the region and production purpose. According to USDA data, the total cattle and calves inventory in the United States stood at 94.2 million head as of July 2025, while the combined cattle and calves inventory for the US and Canada was 106 million head. Global cattle population and production statistics are tracked through FAOSTAT and national livestock surveys.
Cattle are primarily used for beef and dairy production. Dairy cattle supply milk for processing into products such as milk powder, cheese, and butter, while beef cattle are raised for meat production. Cattle also support leather manufacturing and agricultural activities through manure-based fertilizers and biogas production. The livestock sector contributes significantly to global food supply chains.
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