CattleFax Market Trends in Beef: Preparing for 2025
The cattle cycle continues to point toward tighter inventory numbers and beef production ahead, despite a cyclical pause, as supplies were virtually steady in 2024. While the industry may be approaching a low in cow inventories, the smaller calf crop in 2024 and likely 2025 will continue to work through the supply chain. Get more insights from Patrick Linnell, market analyst at CattleFax.
The Beef Checkoff program was established as part of the 1985 Farm Bill. The checkoff assesses $1 per head on the sale of live domestic and imported cattle, in addition to a comparable assessment on imported beef and beef products. States may retain up to 50 cents on the dollar and forward the other 50 cents per head to the Cattlemen’s Beef Promotion and Research Board, which administers the national checkoff program, subject to USDA approval.
