US EditionUS beef prices extend surge as ranchers face thinnest herds in 70 years
- The USDA reported in early 2025 that the U.S. Cattle herd fell to 86.7 million, the lowest since 1951.
- Droughts across U.S. Pastures and a 1% decline in beef cows to 28 million contributed to the reduced herd size.
- Meanwhile, Agriculture Secretary Brooke Rollins halted live cattle imports from Mexico to stop a flesh-eating parasite's spread.
- Beef prices increased notably, with ground beef rising by 13%, while Tyson Foods experienced a $258 million deficit in its beef segment during the second quarter of 2025 due to difficult market conditions.
- These factors suggest continued beef price increases, though consumer willingness to pay remains uncertain amid shrinking herds.
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Beef prices continue to soar as screwworm, smaller herds pinch market
In two weeks, many Americans will roll out the grill on Memorial Day weekend as the summer grilling season gets underway. This year, many will be greeted by sticker shock when they head to the grocery store or butcher, as beef prices are soaring to record levels. What are the important cattle supply figures? Experts say the key reason for the price increase is that the number of beef cows in the U.S. has fallen. The USDA reported earlier in 2025…
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Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
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