GoKawiilIncreasing herd size makes sense for some ranchers, but others are struggling with the cattle they already have. It’s never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers like Stephanie Hatzenbuhler to raise more cattle — and that’s not an easy ask.For a host of reasons, Hatzenbuhler and other ranchers across the country are reluctant to grow the national herd — now its smallest in more than 75 years — and until they do so, demand will outweigh supply, and beef prices will likely remain high.Adding cattle makes sense for some ranchers, but others are struggling to stay afloat with the cattle they have, Hatzenbuhler said.“They’re good times, and they’re bad times,” she said. “It’s a combination of both.”
Record high beef prices won’t be fixed with more cattle, ranchers say. Here’s why
Why This Matters
The persistent high beef prices highlight the complexities within the agricultural industry, where increasing herd sizes isn't a straightforward solution due to economic and logistical challenges faced by ranchers. This situation underscores the importance of sustainable livestock management and supply chain resilience for consumers and the industry alike.
Key Takeaways
- Ranchers are hesitant to expand herds due to economic pressures.
- The U.S. cattle herd is at its smallest in over 75 years, impacting supply.
- High beef prices are expected to persist until herd sizes increase sustainably.
Get alerts for these topics