The U.S. beef herd is at an all-time low, and beef prices are at an all-time high. U.S. ranchers are receiving more for their cattle than ever before. However, it’s uncertain how long these higher prices can be sustained.
It’s likely that we will see an adjustment at some point, with packers compensating for the shortage of U.S. beef by increasing imports, which will depress the commodity market.
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Helena
Montana
United States