Hamburger Prices Might Continue To Rise As US Cattle Herd Shrinks
February 01, 2023 at 21:05 PM EST
Consumers grappling with elevated food inflation might be in for another surprise: A shrinking US cattle herd indicates tight livestock supplies for years. A decline in cattle herds and high production expenses will translate into higher beef prices at the grocery store. We documented this trend last fall (read: “Dwindling US Cattle Herd Implies Supermarket Beef […] Source