US Cattle Herd at Record Lows

 If you think beef is expensive, it is.  And if you want to know why, we just go to the simple laws of supply and demand.  There is a large demand and limited supply.  So the deeper question might be; Why is the supply so low?

On top of all this, the nation's cattle crisis is set to worsen with new pressures: President Donald Trump's anticipated tariff war 2.0, which is expected to tighten domestic beef supplies. 

"All of the things he is talking about have potentially negative consequences more so than anything positive," Derrell Peel, a professor of agricultural economics at Oklahoma State University, told Bloomberg in a previous report, adding, "Our fate's pretty well determined in the cattle industry in the US for the next two to four years – and it's not looking good."

About a year ago, the USDA projected that the cattle herd could begin rebuilding by 2025. However, that timeline has since shifted to 2027. The reason is primarily because of high interest rates and poor pasture conditions in the Midwest. 

Here;  US Cattle Herd Shrinks To 1951 Lows As Beef Crisis Deepens | ZeroHedge