Beef demand remains exceptionalThe consumer perception of the health benefits of eating beef has in recent times improved as well. The all-fresh retail beef prices surged by 9% YoY, hitting an astonishing $8.90/lb. Strong beef demand is a global phenomenonAs US consumer beef demand has outstripped supply, these systems are more heavily reliant on global beef and cattle supplies. Most observers suggest that the nation’s cattle supply will remain strained through at least 2026, and likely through 2027. Twelve months ago, there was a question whether beef demand would hold up at higher prices, but today most analysts are fairly certain that beef value risk is to the upside.