The U.S. cattle herd shrinks to the lowest level in more than half a century, forcing meat...

|By:, SA News Editor

The U.S. cattle herd shrinks to the lowest level in more than half a century, forcing meat prices higher even as domestic demand declines to a 2-decade low (while global consumption rises). Consumers from Costco (COST) to Wendy's (WEN) to Chipotle (CMG) have all recently warned investors to expect beef prices to continue climbing.