Beef prices could stay elevated for years as the U.S. cattle herd has fallen to its smallest size in roughly 75 years. Years of drought, higher operating costs, and an aging ranching workforce have all contributed to the decline, and ranchers say rebuilding herds will take time. With supply still tight and demand holding strong, consumers may continue feeling the impact at the grocery store.
Why This Matters:
Longer-term strain on livestock production can affect both the cost and availability of a staple protein source for many households. It is another reminder that weather, agriculture, and supply conditions can have lasting effects on food prices.
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Source: Fox News
By: Amanda Macias
