I have read that a lot of ranchers sent their cattle to market early rather than pay the higher feed costs, so that momentarily depressed the prices because of over supply. Now we face a shortage because the market has higher priced cattle and not as many to meet the demand so price necessarily goes up.
Restaurant quality steaks are going thru the roof and the consumer quality is prohibitive for low income families.
Expect hamburgers to become very expensive.....................
Come to Wisconsin. We always have extra beef. Every male born of a dairy cow becomes veal or beef in 12 months. And each dairy farmer grows his own crops.
I never got passed to the consumer though. Just kept climbing. Cargill is raking in killer profits.