{"id":10608,"date":"2025-02-01T10:42:51","date_gmt":"2025-02-01T17:42:51","guid":{"rendered":"https:\/\/jasonsblog.ddns.net\/?p=10608"},"modified":"2025-02-01T10:43:54","modified_gmt":"2025-02-01T17:43:54","slug":"us-cattle-herd-shrinks-to-1951-lows-as-beef-crisis-deepens","status":"publish","type":"post","link":"https:\/\/jasonsblog.ddns.net\/index.php\/2025\/02\/01\/us-cattle-herd-shrinks-to-1951-lows-as-beef-crisis-deepens\/","title":{"rendered":"US Cattle Herd Shrinks To 1951 Lows As Beef Crisis\u00a0Deepens"},"content":{"rendered":"\n

We saw the switch over at Sam’s Club yesterday, as we like the thinner cut ribeyes that come in a six-pack, and we paid $34 for what looked like an older pack. The newer packs of similar weight were in the $40’s. On the positive, the Sam’s Club executives who did away with human cashiers trying to push people to Scan and Go have pulled it back, as they had a couple human cashiers open. Consequently, a lot of the elderly with some younger people were struggling with self check out the last time we were there. Regarding beef prices, not mentioned was the 20% cuts to rail feed deliveries to the large operations during the effects of the COVID lockdown psyop, where a lot of beef went to the butcher and lowered prices for a while, where those herd numbers haven’t fully recovered.<\/p>\n\n\n\n

https:\/\/www.zerohedge.com\/commodities\/us-cattle-herd-set-shrink-1951-lows-beef-crisis-deepens<\/a><\/p>\n\n\n

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By Tyler Durden<\/p>\n\n\n\n

Update: USDA figures are in: the nation’s cattle herd has plunged to a 74-year low, totaling 86.7 million head.<\/strong><\/p>\n\n\n\n

*   *   * <\/p>\n\n\n\n

Ahead of this afternoon’s 3 pm est. USDA release of official US cattle inventory<\/strong> data, estimates compiled by Bloomberg forecast the herd will be at its lowest level in more than seven decades<\/strong>. The ongoing cattle supply crunch continues to push supermarket ground beef prices to record highs<\/strong>.<\/p>\n\n\n\n

Bloomberg cited estimates from four analysts<\/strong> that expect the US cattle herd as of Jan. 1 will decline by .7% from one year ago. This would mark the lowest level since 1951 and extend the decline for a sixth straight year.<\/strong><\/p>\n\n\n\n

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We have thoroughly documented the cattle crisis<\/strong> resulting in higher ground beef prices at the supermarket:<\/p>\n\n\n\n