The beef cattle industry is evolving, and dairy producers are playing a pivotal role in that transformation. At the 2025 CattleCon, hosted by the National Cattlemen’s Beef Association in San Antonio, Texas, Lance Zimmerman, a senior beef analyst at RaboBank, joined Agri-Talk host Chip Flory to break down the latest USDA Cattle Inventory Report.
Beef Demand Drives More Crossbreds
Despite the U.S. beef cattle inventory hitting a 64-year low, strong consumer demand has propelled beef prices to record highs throughout 2024 and into 2025.
“We’re sitting here today coming out of 2024 with higher per-capita beef consumption than we had in 2022, and we thought that was the cycle high. And yet, we are pushing record-high beef prices—demand is exceptionally good,” Zimmerman noted.
By Taylor Leach
February 13, 2025
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