Beef has always been one of those meats that we eat every so often when we are craving a hamburger or a steak. This is because when a beef craving hits, nothing else will do.
What Is Happening To Beef Is:
The USDA meat production projections are out, and they predict that, beef will become the fastest growing meat category over the course of the next decade. Beef isn’t just going to be more available. It’s also going to be cheaper.
In 2015, with ranchers hit hard by both high feed prices and drought, America’s beef production hit an all-time low, right as global demand was spiking. Beef prices to skyrocket by over 50 percent.
The USDA anticipates a price decline thanks to changing conditions on the ranch. High feed prices are dropping, and the drought, although it’s still ongoing, has eased up slightly. Ranchers’ cost of raising cows is falling. With cheaper herds, ranchers can raise more cows and send more beef out to the market. This will increase the amount of beef we eat, and it should lower the cost of beef by about 10 percent.
Finished!
This news about beef may just make you want to go buy some as soon as possible – Will you be taking advantage of lower beef prices?
Let Us Know What You Think!
Article Source: Gizmodo
What about that was supposed to be sad?