Cattle Shortage Drives Up Beef Prices

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

Podcast artwork

Categories:

American beef plants face a crisis due to a shortage of cattle, with the smallest national herd in over fifty years. This scarcity, coupled with a halt in cattle shipments from Mexico, is driving up prices for consumers. Tyson Foods has already announced plant closures, and more may follow. The screwworm pest, which has been blocking Mexican shipments, is a significant factor in this supply issue. While reopening the border could help, rebuilding the American cattle herd is the long-term solution, but this process is not swift.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site