• Skip to primary navigation
  • Skip to main content
Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

  • Home
  • Who We Are
    • Why Join
    • Leadership
    • Staff
    • Partners
    • FAQs
    • Newsroom
    • Sponsorships
    • Employment
  • What We Do
    • Theft and Law
    • Issues and Policy
    • Education
    • Students and Young Professionals
    • The Cattleman Magazine
    • Disaster Relief Fund
    • Cattle Raisers Insurance
    • Cattle Raisers Trading Co
  • Events
    • Cattle Raisers Convention
    • Policy Conference
    • Summer Meeting
    • Ranch Gatherings
    • Ranching 101
  • Join
  • Member Center
  • TSCRA Store
  • Show Search
Hide Search

International demand keeps Texas beef prices stable

Though markets aren’t likely to take off in 2019, cattle experts believe an increasing global demand for beef should keep prices steady.

Jason Johnson, an economist for Texas A&M AgriLife Extension Service, said herds are likely near the end of the growth period that followed the 2012 drought. As supplies have grown, he said the growing international demand has kept prices from taking too big of a hit.

“One of the main reasons why prices have held as well as they have in the face of additional supply is undoubtedly the success we’ve had in the export market,” Johnson said. “It can’t be reiterated how important that market has been. While the demand in the U.S. has been very strong, it is the export market that has allowed us to absorb that additional supply that has come online.”

Though the markets likely won’t take a dip, Johnson said producers shouldn’t expect a major surge either.

“We’re not in a position where we can expect a giant rally because of the excess supplies, but we’re not in a position where those excess supplies are driving prices down further. We’re pretty much in a sideways pattern.”

In 2020, however, cattle numbers will start to drop and should inversely affect prices, he said.

“Next year, we should be able to talk a little more optimistically about the end of that cycle — the declining herd to come and prices going up,” Johnson said.

Jason Cleere, a Texas A&M University beef cattle specialist, said international markets will continue to drive prices in the United States.

“Ninety-six percent of the world’s population lives outside of the U.S. When you talk about economic power, the U.S. is extremely powerful, but we also have to look at opportunities around the world,” Cleere said. “When it comes to beef, the export markets play a big role in the process we see in our cattle.”

He added that the U.S. has a reputation of quality products that it can use as leverage in the international markets.

“The advantage that we have with American beef is the overall quality. That’s a selling point we have to make,” Cleere said.

Source: https://animalscience.tamu.edu/2019/01/11/international-demand-keeps-texas-beef-prices-stable/  

Written by:
kristin
Published on:
February 5, 2019

Categories: Animal Health, Business, Market News, Ranching, The Cattleman Now, The Cattleman Now - App

Recent Posts

Crime watch: Brangus bull missing in Fayette County

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Kenny Murchison, District 20 in …

Continue Reading about Crime watch: Brangus bull missing in Fayette County

Crime watch: Cattle missing in Freestone County

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Chace Fryar, District 21 in East …

Continue Reading about Crime watch: Cattle missing in Freestone County

Crime watch: Charolais bull missing in Luling

June 13, 2025

Texas & Southwestern Cattle Raisers Association Special Ranger Robert Fields, District 25 in …

Continue Reading about Crime watch: Charolais bull missing in Luling

Footer

Who We Are

Why Join
Leadership
Staff
Partners
FAQs
Newsroom
Sponsorships
Employment

What We Do

Theft and Law
Issues and Policy
Education
Students and Young Professionals
The Cattleman Magazine
Cattle Raisers Insurance
Cattle Raisers Trading Co.
Texas and Southwestern Cattle Raisers Association

Information

Cattle Raisers Blog
News Releases
Bereavements
Events
Sponsorships & Advertisement
Tip Hotline
Get Involved
Links

Membership

Membership Center
Membership Center Instructions
Join
Renew
  • Email
  • Facebook
  • Instagram
  • Twitter
  • YouTube

PO BOX 101988
FORT WORTH, TX 76185

1-800-242-7820

© 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved.

COPYRIGHT | PRIVACY POLICY | TERMS OF USE