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Meat Shortage, Biden’s New Dilemma

by Market FinancePosted onAugust 12, 2022August 12, 2022

Problems are getting worse.

It has now been learned that the number of cattle in the United States has been reduced “quite significantly” as meat prices continue to rise.

According to Fox, Diamond W Cattle Company owner Mike Williams explained how inflation along with long droughts have impacted his herd of cattle significantly.

Williams explained that he typically had 600 cattle on his ranch and now he has just 200 due to the combination of droughts and rising inflation brought on by Joe Biden’s presidency.

“We’re running about a third of the cattle we normally run on this ranch,” Williams explained.

“We’ve been dry here in California for several years now,” he added.

Williams added that other “ranchers all over the United States that have had to do similar things and their options are so limited because of the cost of feed and fuel.”

This has resulted in ranchers “reducing or liquidating herds” and it’s become pretty common now.

Now a low supply of cattle along with rising inflation will send meat prices through the roof. 

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