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Beef prices set to surge further as farmers sell off cattle herds
 [FoxBusinessNews] U.S.cattle producers are sending higher numbers of breeding stock to the sale barn, and some are liquidating their herds entirely, signaling a trend that analysts say will likely push already-elevated beef prices even higher in the not-too-distant future.The latest cattle report from the U.S. Department of Agriculture shows the market has contracted to levels not seen in years, with total inventory dropping 2% to 98.8 million head since July 2021. Posted by: Skidmark 2022-07-31 |
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