Farm Journal has released its third annual State of the Beef Industry Survey. Nearly 500 beef producers from across the country were surveyed. Seventy-two percent of the respondents said they are optimistic about the future. That’s up eight percent from 2024. Forty-seven percent plan to grow their herd size over the next five years. Livestock auction markets are used as a marketing tool by nearly 80 percent of the cattle producers surveyed. Risk management tools, such as Pasture, Rangeland, Forage Insurance and Livestock Risk Protection insurance are used by 43 and 40 percent of producers, respectively.
