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Beef Trends

Farmer's Report - August 14, 2026

 

All current beef pricing trends are based on USDA data as of August 12, 2026. Last week’s trends refer to the USDA market for the week ending August 7, 2026.

Live cattle sold mostly around $2.35/lb. last week, which was up compared to the previous week. Live cattle are expected to remain steadily priced this week, according to analysts.

Last week’s total cattle slaughter was estimated at 509K head, which was down compared to the previous week. According to analysts, the slaughter was expected to continue to be tight at 510K-515K head per week through 2026.

For grading the week ending July 31, 86.5% of cattle graded as Choice or higher, and 10.5% graded as Select, with the remaining 3% being Ungraded.

Analysts report that the cutout values were higher last week, and remain above the $300 level of a year ago, due to lower harvest levels, resulting in lower supply availability and higher prices. They expect these values to remain elevated throughout the remainder of the year.

Grinds

Ground Chuck  arrow down

Ground Chuck traded up last week, but has decreased this week through three days of trading. Analysts expect the Ground Chuck market to increase over the next few weeks.

Ground Beef 81/19  arrow up

81/19 Ground Beef declined last week, but has increased this week through three days of trading. Analysts expect the market to increase going into Labor Day.

Ground Beef 73/27   arrow up

73/27 Ground Beef increased last week, but has been flat this week through three days of trading. Analysts expect the market to push higher into Labor Day.

Rounds

Peeled Knuckles  arrow up

The Peeled Knuckles market increased last week, and that same trend has continued this week through three days of trading. Analysts expect the market to be steady in the short term.

Inside Rounds  arrow steady

The Inside Rounds market was mixed last week, with Choice grade decreasing while Select grade was flat. This week, the market has continued to be mixed, but with Choice grade increasing with Select grade holding steady through three days of trading. Analysts expect the market to be steady in the short term.

Bottom Round Flats arrow steady

The Bottom Round Flats market was mixed last week, with Choice grade flat while Select grade increased. This week, the market is up through three days of trading. Analysts expect the market to be steady in the short term.

Eyes of Round arrow steady

The Eyes of Round market was mixed last week, with Choice grade increasing. This week, the market has increased through three days of trading. Analysts believe the market will be steady in the short term.

Loins

Strips  arrow down

The Strip Loin market was mixed last week,, with Choice grade decreasing. This week, the market has increased through three days of trading. Analysts believe the market will decline in the short term.

Top Butts  arrow down

The Top Sirloins market was mixed last week, with Choice grade decreasing. This week, the market has continued to be mixed, but with Choice grade increasing through three days of trading. Analysts believe that there will be some downside in the short term.

Tenderloins  arrow steady

The Tenderloins market increased last week. This week, the market has been mixed, with Choice grade increasing through three days of trading. Analysts believe that the market will be choppy through Labor Day.

Ribs

Ribeyes  arrow steady

The Ribeye market increased last week except for Select Light Ribeyes, which decreased. This week, the market has increased through three days of trading. Analysts believe the market will be mostly steady, with some possible downside risk through summer.

Chucks

Chuck Rolls arrow up

The Chuck Roll market increased last week, and has continued to rise this week through three days of trading. Analysts expect the market to continue climbing into Labor Day.

Teres Majors arrow up

The Teres Majors market increased last week, and has continued upwards this week through three days of trading. Analysts anticipate that the market will trade sideways through summer.

Briskets  arrow steady

The Brisket market was mixed last week, with Choice grade increasing, and that same trend has continued this week through three days of trading. Analysts believe the market will be steady in the short term.

Thin Meats

Ball Tips arrow up

The Ball Tips market increased last week, and has continued to push higher this week through three days of trading. Analysts believe the market will be steady in the short term.

Flap Meat  arrow down

The Flap Meat market declined last week, but has increased this week through three days of trading. Analysts expect the market to fall during August.

Flank Steak  arrow down

The Flank Steak market was mixed last week, with Choice grade decreasing. This week, the market has decreased through three days of trading. Analysts believe the market will decline through summer.

Skirt Steak arrow down

The Outside Skirts market declined last week, but has increased this week through three days of trading. Analysts expect the market to fall in the short term.

 

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