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Cattle Supply Hits Historic Low Amid Rising Beef Prices

10/31/2025

27 3 Full Breakdown

Summary

Story summary

Cattle farmers face challenges, including low prices, drought, and high costs, pushing inventories to a historic low.
As of January 1, 2025, the U.S. cattle supply was 86.7 million head, lowest in 74 years.
In Utah, Jason Goble, a rancher, says costs and instability follow U.S. decision to import beef from Argentina.
Florida butchers report beef prices have surged, with hamburger meat doubling in some cases as supply struggles.

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Story summary

Cattle farmers face challenges, including low prices, drought, and high costs, pushing inventories to a historic low.
As of January 1, 2025, the U.S. cattle supply was 86.7 million head, lowest in 74 years.
In Utah, Jason Goble, a rancher, says costs and instability follow U.S. decision to import beef from Argentina.
Florida butchers report beef prices have surged, with hamburger meat doubling in some cases as supply struggles.