Shrinking U.S. cattle herd signals more pain from high beef prices - Reuters

U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a decision that will tighten livestock supplies for years, economists said.

CHICAGO, Aug 9 (Reuters) - U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a deci… [+4086 chars]

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