beef

US cattle herd hit generational low as beef prices continue to rise

US cattle herd hit generational low as beef prices continue to rise

RALEIGH — The U.S. cattle supply is at its lowest level since 1951. That low supply will likely drive beef prices to record highs. The supply shortage is being driven by many factors, including droughts, inflation and a burgeoning wave of regulation and activism directed at curbing beef consumption and production. Amidst this backdrop, the future of beef within diets and its role in the agricultural sector is being highlighted by farmers, consumer groups and policymakers. A December memo released by the United Nations Food and Agriculture Organization (FAO) recommends reducing the amount of beef in diets, increasing non-meat alternatives,…
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