Drought pushes livestock stocks to its lowest level in 1951; Cow meat high prices

Cow meat prices In a high record in the aftermath of drought that left livestock stocks at the lowest level in 70 years amid strong demand, which led to an increase in prices for meat and chopped meat slices.

The consumer price index report at August Statistics Office showed an increase in beef prices during the past year. Golded beef prices increased by 12.8 % year on an annual basis in August, while beef grille increased by 13.6 %, and meat prices were 16.6 % higher. Those Inflation numbers Much higher than 3.2 % on an annual basis in all food categories, as well as 5.4 % in meat prices last year.

Mike Mike Mike Mike Mike Paris, Illinois, told Fox Business’ Kelly SABERI that livestock stocks have decreased in recent years due to drought that affects important livestock areas.

Martz said: “The real issue here is the drought that happened several years ago, and Takas and Akllahoma, Kansas, the southeast, all their herb, and all their feed. “We have the lowest cow stock since 1951, and that’s why this.”

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The general costs of livestock breeders have also increased, as feed expenditures, work, fuel and equipment are headed up.

Imports have been restricted due to diseases that affect livestock, with shipments from Live livestock from Mexico The US Department of Agriculture suspended it in May due to the new global nail worm cases, a parasite that eats meat, which affects the cattle near the American border.

A higher tariff It also took into account the high prices of beef that hit consumers in the exit line, as the beef from Brazil faces a 76 % tariff and other cow meat producing countries facing customs tariffs as well.

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Martz said it is important that Trump administration Help farmers and livestock who are affected by definitions because some operations, such as dependent on both crops and livestock, are helping to stand on his feet.

Martz said: “It is important because some of the low prices that we saw on the side of the grains came from the definitions, and we see the costs of the inputs higher because it came from the definitions.”

“Here in Larson Farms, our livestock process, our crop operation. Criteria earns money, and crops will lose money. So, we hope we can average that together, but we need some support.”

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A commercial group representing livestock breeders said that the high prices of cow meat have helped compensate for the economic challenges they face in recent years under the Biden Administration.

“Between inflation, high costs and government red tape during the Biden administration, livestock farmers and livestock breeders have been extended,” said Colin Woodal, CEO of National Cattlement at the Be El -Batheer Association. “The best prices for farmers and livestock that they are now receiving for their livestock are a welcome change. It now has agriculture and education families the most resource to cover their expenses and maintain their livestock operations continues for the future.

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“These prices, in addition to the tax mitigation provided by the Bill of President Trump Gemayel, is necessary for the success of the livestock industry in America. Family farmers and livestock are now more tools to help them invest in their operations, buy new equipment and continue to meet the strong demand for high quality American beef“.