Beef supply

Ongoing drought and high temperatures in the Southeast are reducing cattle herds and beef production, leading to higher consumer prices. Matt Henley of Pee Dee Premium in Mt. Gilead reduced his herd from 170 to 130 cows due to resource scarcity, with hay yields at 30% of expected levels and slower grass growth. Beef prices have risen over 70 cents per pound since June of the previous year, and prices are expected to remain high for three to five years.

The return of the flesh-eating screwworm fly in Texas has ranchers and government agencies working to contain a potential threat to the U.S. cattle industry, which is valued at $113 billion. The infestation could impact livestock, beef supply, and the broader economy.

The return of the flesh-eating screwworm fly in Texas has caused ranchers and government agencies to take action to contain the threat to the U.S. cattle industry, which is valued at $113 billion. The infestation poses risks to livestock, beef supply, and the broader economy.