Higher meat prices coming.
- 20th March 2013
- News and Prophecy Staff
The extended drought in the U.S. Plains states has caused beef cattle producers to sell cows. In the short term this sell-off has kept beef prices steady, but eventually this will end and beef prices will increase as fewer cows means fewer calves born to be fattened. U.S. beef cow inventory declined 3.1 percent in 2011 and the decline continued throughout 2012...