The Provisioner
Cattle imports from Mexico offer some relief, but not a solution
If the number of heifers in feedlots is a signal for herd rebuilding, then the latest feedlot survey suggests that the signal remains quite weak.
Meat Signal
The weak signal for herd rebuilding from the latest feedlot survey suggests that live cattle supplies may remain tight, potentially supporting higher wholesale prices for boxed beef. You should consider securing forward contracts for beef now to mitigate price volatility and ensure supply availability.