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Pricey Beef Is Set to Test Appetites

Author: Kristy

Smaller Cattle Herds Help Drive Up Prices

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 Cattle are rounded up on a ranch in Florida. Expectations of tight supplies are boosting prices.

 Bloomberg News

U.S. cattle prices jumped to a record Friday, setting up a fresh hit of sticker shock for consumers at the grocer’s meat counter.

U.S. cattle prices jumped to a record Friday, setting up a fresh hit of sticker shock for consumers at the grocer’s meat counter. Meatpackers this past week paid the highest cash prices on record for live, slaughter-ready cattle in the major producing states of Kansas, Nebraska and Texas. That led traders to bid up futures […]

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