Record beef prices persist amid herd decline - CoBank Pork and poultry gain ground; dairy faces export headwinds23 April 2025 23 April 2025 2 minute read 2 minute read By: By: Global Ag Media North AmericaRecord-high beef prices are holding steady across the US cattle sector, driven by ongoing herd liquidation and a delayed rebuilding process, according to the latest CoBank Quarterly. Despite volatility in cattle inventories, beef production has remained resilient, buoyed by robust consumer demand. Through the third week of March, beef production edged slightly above 2024 levels. Still, feeder cattle prices continue climbing, putting the squeeze on packer margins. Breast meat prices have been climbing, and food service outlets are shifting more attention to chicken as beef prices soar, making chicken a value-driven option for consumers and a bright spot for broiler integrators.