A new report from the USDA has delivered a damning verdict on the state of America’s cattle industry, painting a picture of decline and desperation just as families prepare to fire up their grills for Memorial Day. According to the report—published in April and amplified by Bloomberg—the number of cattle fattening on grain at large commercial feedlots has plummeted to the lowest seasonal level since 2020. Meanwhile, cold storage beef supplies have shriveled to 418 million pounds, the lowest for this time of year in over a decade. America’s Herd Shrinks to a 73-Year Low The crisis extends beyond mere numbers. Earlier this year, the USDA’s Cattle Inventory report confirmed that the nation’s herd has sunk to a 73-year low,…
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