Beef prices are high — and will keep climbing higher. Experts explain why.
(NEXSTAR) – Beef prices are going to remain high and likely climb even higher before consumers can expect to see any relief in the coming years, experts say.
“There’s nothing anybody can do about it in the short run,” Dr. Derrell Peel, a professor of agriculture economics and the extension specialist for livestock marketing at Oklahoma State University, told Nexstar. “We don’t have enough cattle, and it takes an extended amount of time to produce more. So we’re in it for the foreseeable future.”
The high price of b
(NEXSTAR) – Beef prices are going to remain high and likely climb even higher before consumers can expect to see any relief in the coming years, experts say.
“There’s nothing anybody can do about it in the short run,” Dr. Derrell Peel, a professor of agriculture economics and the extension specialist for livestock marketing at Oklahoma State University, told Nexstar. “We don’t have enough cattle, and it takes an extended amount of time to produce more. So we’re in it for the foreseeable future.”
The high price of b
3 months ago
