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Utah cattle prices hit a record $6.32/lb in Aug 2025 due to low supply and high costs, while hog production collapsed after Smithfield ended contracts with 26 farms.
Utah beef prices hit a record $6.32 per pound in August 2025 due to shrinking cattle supplies, strong demand, and higher input costs, benefiting ranchers but raising concerns about long-term sustainability.
Cattle sales made up 26% of Utah’s livestock and poultry output in 2022, valued at $427.5 million.
Meanwhile, hog production plummeted after Smithfield Foods ended contracts with 26 Utah farms in late 2023, cutting inventory from over 1 million to 105,000 by September 2024 amid oversupply, weak demand, and high feed prices.
Nationally, livestock input costs rose steadily from 2020 to 2025, though prices received by farmers grew faster.
Agriculture remains crucial to rural Utah, covering nearly one-fifth of the state’s land and generating $2.3 billion in sales in 2022.
Los precios del ganado de Utah alcanzaron un récord de $6.32/lb en agosto de 2025 debido a la baja oferta y los altos costos, mientras que la producción de cerdos se derrumbó después de que Smithfield terminara los contratos con 26 granjas.