[Sacajaweau]

I’m sure they have cut their herds because of the drought and the cost of feed.

[jjotto]

Yep.

And increasing exports, and smaller herds of higher quality to satisfy the increasing demand for premium cuts.

Wealthier consumers have jacked demand for premium products of all kinds (cars to beef) while the American middle class is being impoverished.

[jmacusa]

That's part of it. The reason for the high price is thanks to the f’ing EPA. In order to be ‘’environmentally conscious’’ the EPA mandated that ethanol be added to gasoline. Ethonal comes from corn. So with the the oil companies having to abide by this regulation it's more profitable for farmers to sell corn to the oil companies then to ranchers. Leaving ranchers to reduce the size of their herds and up goes the price of beef. F'ing Greens and enviroNazis. I hate them.

[Ghost of SVR4]

Didn’t 1000’s and 1000’s of cattle freeze to death earlier this winter?

[Balding_Eagle]

Corn, the main ingredient for good beef in the Midwest was about $8.50 per bushel a year ago, now it is about $4.50