U.S. cattle herd at 75-year low, beef prices rise
The U.S. cattle herd has fallen to its smallest size in 75 years, with 86.2 million head recorded on January 1, according to USDA data, the lowest since 1951. Rising costs, drought, international competition, and industry consolidation have driven the decline, along with record-high cattle prices prompting producers to sell livestock rather than rebuild herds. Despite the smaller herd, U.S. beef production has remained stable because cattle are now heavier, with finished animals weighing 200 to 300 pounds more than in the 1950s. A parasitic fly, the New World screwworm, detected in Mexico and less than 70 miles from the U.S. border, led Agriculture Secretary Brooke Rollins to block all live cattle imports from Mexico in May 2025, further tightening domestic supply. The meatpacking industry is highly consolidated, with four companies controlling over 80% of the market since 1995, and President Trump directed the Justice Department in November to investigate them for potential collusion and price fixing. The USDA announced a plan to fortify the American beef industry, including expanded grazing on federal lands and stricter "Product of USA" labeling, while the Trump administration also increased beef imports from Argentina at lower tariffs.
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Sources: NPR

