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Joined 2 years ago
Cake day: June 17th, 2023
  • ikt@aussie.zonetoWorld News@lemmy.world•Under Trump, US cedes its share of China's beef market to AustraliaEnglish
    41·
    1 month ago

    Because of gate keeping agricorps, blaming ranchers they squeeze for their price fixing. It worked on eggs, why not?

    Looks like a double knock out combo of covid + climate change did a lot of damage and most aren’t interested in rebuilding quickly due to high costs. Highlighted the important bits:

    As it got harder to feed and otherwise maintain their herds, producers in the summer of 2022 slaughtered more beef cows than ever in the USDA record keeping. They were already reeling from losses during the pandemic, which disrupted meatpacking plants, plus rising inflation and interest rates. Beef prices tumbling from too much available meat further discouraged ranchers from replenishing their herds.

    Repopulation is still going very slowly — for new reasons. Facing ever-higher operations costs, ranchers are leery of investing in an expansion. And the record values that cattle can fetch mean that it’s often more profitable to sell young females (called heifers) for meat than to keep them for breeding.

    “There’s not a lot of incentive to rapidly rebuild the herd,” Blackett says. “Us, along with ranchers across the United States, are selling those heifers that might otherwise be retained into the herd.”

    And given that it takes years to raise a new cow, beef may remain in short supply for a long while.

    https://www.npr.org/2025/09/18/nx-s1-5534424/beef-prices-record-high-cost