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Get the latest 2025 beef market outlook from Oklahoma State University’s Ranchers Thursday Lunchtime Series. Dr. Derrell Peel breaks down the current state of the cattle industry—including record-low beef cow numbers, tight feeder supplies, feedlot margins, carcass weights, drought recovery, and how these factors shape the market moving forward. In this presentation, you’ll learn: ✔️ Why beef cow and replacement heifer inventories are at historic lows ✔️ How drought over the past 4–5 years shaped today’s tight supplies ✔️ What’s driving calf, feeder, and fed cattle price volatility ✔️ The role of political and trade developments in recent market swings ✔️ Why feedlot inventories stayed high longer than expected ✔️ Outlook for beef production in 2025–2027 Whether you're a cow-calf producer, feedyard operator, or market watcher, this in-depth analysis offers critical insights into supply trends, demand strength, and what to expect in the cattle markets ahead.