Beef prices rise almost 12% as the US cattle population reaches a 70-year low

Beef prices rise almost 12% as the US cattle population reaches a 70-year low

Record Beef Prices Amid Shortages in the U.S. As beef shortages linger, consumers in the U.S. are experiencing steep increases in beef prices, which is affecting the profitability of major meat processing companies. The cattle population in the U.S. has fallen to its lowest point in over 70 years, primarily due to drought conditions that […]