Why the U.S. Cattle Herd Is at a 75-Year Low and What It Means for Beef Prices

The U.S. cattle herd has reached a 75-year low, with only 86.2 million head, driving up beef prices due to rising costs, drought, and a screwworm outbreak.

- The herd size dropped to 86.2 million head, the lowest since 1951. - Factors include higher operational costs, drought, and a ban on Mexican cattle imports due to screwworm.

- Farmers face barriers like urban sprawl and high interest rates, with the average farmer age at 58. - Rebuilding the herd is slow due to long gestation and growth periods.

Despite challenges, U.S. beef production remains strong as cattle are heavier, but consumers face higher prices at the grocery store.