Small US cattle herd tightens profits for meatpackers
5/13/2023 1:25:19 AM
CATEGORIES:
Agriculture
Business & Industry
Plants & Wildlife
AFFECTED AREAS:
Alaska
Alabama
Arkansas
Arizona
California
Colorado
Connecticut
District of Columbia
Delaware
Florida
Georgia
Hawaii
Iowa
Idaho
Illinois
Indiana
Kansas
Kentucky
Louisiana
Massachusetts
Maryland
Maine
Michigan
Minnesota
Missouri
Mississippi
Montana
North Carolina
North Dakota
Nebraska
New Hampshire
New Jersey
New Mexico
Nevada
New York
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
Vermont
Washington
Wisconsin
West Virginia
Wyoming
Start Date: 5/8/2023
-
The U.S. beef cow herd is the smallest that it has been since 1962, due to drought and high feed prices. Livestock producers who fatten cattle have an advantage in dealing with meatpackers as they negotiate cattle prices with organizations like Tyson Foods, JBS, and Cargill.
DRGNews (Pierre, S.D.), May 8, 2023
Sources
