diff --git a/conda/recipes/versions.yaml b/conda/recipes/versions.yaml
index e3a6257f..78bca50d 100644
--- a/conda/recipes/versions.yaml
+++ b/conda/recipes/versions.yaml
@@ -2,7 +2,7 @@
 
 # Versions for `rapids-xgboost` meta-pkg
 xgboost_version:
-  - '=3.1.2'
+  - '=3.2.0'
 
 cupy_version:
   - '>=13.6.0'