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The USDA reports that beef production in 2024 is forecast to be about 3% lower than in 2023, and last year also marked the fifth straight year of a decrease in available beef cows.
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"This could send beef prices to record levels in 2024 and 2025, as we hit the supply bottom of the current cattle cycle," Nelson warned. RELATED: How to Make an Inexpensive Steak Taste Expensive
Pat LaFrieda Meat Purveyors is a third generation meat wholesaler based in North Bergen, New Jersey that specializes in dry-aged steaks and artisanal burger patties but also supplies selected cuts of beef, pork, poultry, veal, lamb and buffalo. [2]
C&S Wholesale Grocers, LLC is a national wholesale grocery supply company in the United States, based in Keene, New Hampshire. In 2021 it was the eighth-largest privately held company in the United States , as listed by Forbes . [ 3 ]
The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by the United States Department of Agriculture found that as of ...