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Lexington Today
By the People, for the People
Beef Industry Thrives Despite Policy Distractions
New data shows the beef industry is expanding and providing more opportunity than ever, despite calls for government intervention.
Apr. 8, 2026 at 4:20pm
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A comparison of the beef industry's performance in February 2015 versus February 2026 reveals that while cattle slaughter numbers were nearly identical, total beef production and revenue have grown significantly over the past decade. This expansion has occurred despite mounting competition from pork and poultry, highlighting the industry's ability to focus on customer demand and quality rather than policy debates.
Why it matters
The beef industry's ability to grow revenue and production in the face of policy distractions demonstrates the power of free enterprise and customer-focused strategies. This challenges the narrative that the industry needs government intervention, and shows the industry is thriving by prioritizing factors within its control.
The details
The data comparison shows that while February 2026 cattle slaughter was only 1.6% higher than February 2015, total beef production was up over 12% due to improvements in genetics and management. Additionally, total revenue for fed steers and heifers in 2026 was nearly 72% higher than 2015, even with increased competition from pork and poultry. This growth occurred despite calls from 'government-eers' for policy changes like cash mandates, country-of-origin labeling, tariffs, and breaking up packers - measures the industry has consistently said do not matter to its success.
- The USDA's March 2026 Cattle on Feed report was released on April 8, 2026.
- February 2026 marketings totaled 1.522 million head, nearly identical to the 1.516 million head in February 2015.
The players
Nevil Speer
The author of the original commentary article published on feedstuffs.com.
What they’re saying
“The only thing that really matters is the customer. That entails a disciplined focus on quality and consistency and promotion. The evidence is clear: Building demand continues to make the business better – for both consumers and producers.”
— Nevil Speer, Author
The takeaway
This data shows the beef industry is thriving by prioritizing customer demand and quality over policy debates, proving that free enterprise is the rightful path to success rather than government intervention.
