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Trump Delays Signing Orders Targeting Beef Prices After 16% Surge In Past Year

By Forbes May 12, 2026 Bullish
Trump Delays Signing Orders Targeting Beef Prices After 16% Surge In Past Year
The price surge traces back to the U.S. cattle herd, which has fallen to its lowest level since 1951 after years of drought across Texas, Oklahoma and the Great Plains forced ranchers to sell off cows they couldn't feed. Supply is expected to keep tightening through 2026 and 2027 before any meaningful recovery, according to the American Farm Bureau Federation, even as consumer demand has held strong.
The price surge traces back to the U.S. cattle herd, which has fallen to its lowest level since 1951 after years of drought across Texas, Oklahoma and the Great Plains forced ranchers to sell off cows they couldn't feed. Supply is expected to keep tightening through 2026 and 2027 before any meaningful recovery, according to the American Farm Bureau Federation, even as consumer demand has held strong.