Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices
NPR News ·
Cows stand in a feed barn at Hallstead Farms in Lexington, Ky., in February. Although the U.S. cattle herd size has shrunk in recent decades, U.S. …
Cows stand in a feed barn at Hallstead Farms in Lexington, Ky., in February. Although the U.S. cattle herd size has shrunk in recent decades, U.S. beef production has remained strong, partly because cattle now weigh hundreds of pounds more than they did in the 1950s. Luke Sharrett for NPR hide caption toggle caption Luke Sharrett for NPR Grocery prices got you down? Learn how to cut your food bill with NPR's 4-part newsletter. Sign up here for budgeting tips, meal planning and more. Beef has long been an iconic and beloved staple of the American diet, from barbecue to hamburgers and steaks. Even as retail prices have soared recently, U.S. demand for beef has remained strong . Yet the U.S. cattle herd, including both beef and dairy cattle, is the smallest it has been in three-quarters of a century. Domestic producers had 86.2 million head of cattle on the first day of this year, according to U.S. Department of Agriculture (USDA) data , the lowest number since 1951 . A number of factors have been pushing livestock numbers down, including rising costs, drought, international competition and increased consolidation in the cattle industry. Now, there are fewer American farmers and ranchers than there were even a few years ago, according to Bill Bullard, CEO of the cattle and sheep producers group R-CALF USA. "We have likewise lost the cows that they once maintained," he said. …
Original source: NPR News