Beef Prices Rise as U.S. Herd Shrinks and Demand Stays Strong
TL;DR Summary
Beef prices are at or near record highs as the U.S. cattle herd remains near multi‑decade lows due to drought and aging ranchers, while demand for protein stays robust. Producers are raising prices, and rebuilding the herd will take years, creating a persistent gap between supply and rising consumer appetite for beef.
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