Bloomberg Television
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Beef Prices Stay High as US Cattle Supply Shrinks
Posted
August 16, 2026
Views
7,451
Likes
127
Comments
75
Engagement
2.71%
August 16, 2026
7,451
127
75
2.71%
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5:39Now PlayingTyson Foods is cutting beef-processing capacity as the US cattle herd nears a five-decade low driving up livestock costs and contributing to persistent losses in beef business. Bloomberg News Agriculture Reporter Ilena Peng is on Bloomberg This Weekend and explains to hosts Joe Mathieu and Carol Massar that consumers are also pushing back against record prices, but meaningful relief may take years as the herd rebuilds, while a planned resumption of some cattle imports from Mexico could provide limited near-term help.
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