Dossier
Derrell Peel
Coverage of Derrell Peel in the Nexus archive.
- The unexpected force keeping beef prices high and why the pressure could last for years
Beef prices are expected to remain high due to a decline in the US cattle herd, which has fallen to its smallest size in 75 years. The decline is attributed to drought, rising feed costs, and an aging ranching workforce. Economists warn that the pressure could last for years.
- The unexpected force keeping beef prices high and why the pressure could last for years
Beef prices are expected to remain high due to a decline in the US cattle herd, caused by drought and rising feed costs. The herd has fallen to its smallest size in 75 years, and rebuilding it will take several years. This situation is exacerbated by the highly concentrated US beef industry.