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U.S. cattle numbers have fallen to a 75-year low, prompting some meatpackers to close slaughterhouses and tightening beef supply. Despite a 0% tariff on U.S. beef in South Korea under the free trade agreement and a stronger won, retail prices for U.S. chuck eye roll in Korea rose 8-17% from early January.
Tight U.S. cattle supplies and plant closures keep beef prices elevated, supporting live and feeder cattle values and limiting cheaper beef alternatives for importers. Reduced slaughter also lowers byproduct availability for feed markets.
biz.chosun.comKim Myung-jiNov 12, 2026Not enough comparable past events yet for a historical read.
Not 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.
