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Beef Prices Could Hit $10/Pound by 2026

11/14/2025

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Summary

Story summary

Nate Rempe, president of Omaha Steaks, warned that United States beef prices could reach $10 per pound by the third quarter of 2026 due to a declining cattle supply and high demand.
The cattle herd is at a 70-year low.
Rempe said Argentina's deals may affect imports.
Domestic supply remains crucial for price stability.
Omaha Steaks is implementing strategies to maintain prices for holiday gift packages.

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Story summary

Nate Rempe, president of Omaha Steaks, warned that United States beef prices could reach $10 per pound by the third quarter of 2026 due to a declining cattle supply and high demand.
The cattle herd is at a 70-year low.
Rempe said Argentina's deals may affect imports.
Domestic supply remains crucial for price stability.
Omaha Steaks is implementing strategies to maintain prices for holiday gift packages.