Constrained cattle supplies and strong beef demand continue to fuel record prices at all levels of the U.S. beef market – from sale barns to grocery aisles, said Texas A&M AgriLife Extension Service experts.
Jason Cleere, Ph.D., AgriLife Extension statewide beef cattle specialist in the Texas A&M Department of Animal Science, Bryan-College Station, said cow/calf producers are realizing strong calf sale prices as a result of strong consumer demand for beef and low cattle supplies.
The national cattle herd continues to hover at historically low numbers following bouts of drought across major beef-producing states, including backto- back years of extreme drought across Texas.
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