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The US cattle herd has shrunk to its smallest size in about 75 years after drought, high feed and fuel costs, and pandemic-era disruption. Meat packers such as Tyson, JBS and Cargill are losing money and closing plants, and ranchers are reluctant to rebuild herds despite cheaper Brazilian imports.
A tight cattle supply and reduced packing capacity keep beef prices high and support cattle values, while higher feed costs raise the cost of finishing cattle and reduce demand for feed ingredients from cattle operations.
newser.comJenn GidmanNov 15, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
