America’s Beef Crisis Deepens: Shrinking Supply, average beef prices have increased 9%
America’s Beef Crisis Deepens: Beef prices in the U.S. have surged to record highs as cattle inventory hits its lowest mid-year level since 1973. Years of drought, high feed costs, and policy pressures have crippled the supply, with the USDA warning that recovery may not occur until 2028. Ground beef and steak prices are up …