Brazilian processor Marfrig Global Foods SA warned the US cattle herd will continue shrinking through the midpoint of the decade. Less supplies will pressure meatpackers and keep the prices of steak and hamburgers at elevated levels.
Brazilian processor Marfrig Global Foods SA warned the US cattle herd will continue shrinking through the midpoint of the decade. Less supplies will pressure meatpackers and keep the prices of steak and hamburgers at elevated levels.
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US Beef Prices Hit Record High As Nation's Cattle Herd Expected To Shrink Through 2025 - Activist Post
Food inflation remains sticky. And soon, beef will be a luxury only the rich can afford.
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