The U.S. herd is now the smallest since 1961

That fact – not tariffs – is behind high beef prices, asserts former NCBA President.

The size of the U.S. herd was a subject during a rare weekend Congressional hearing. The House Ways and Means Committee was in California, where a former NCBA president set the record straight on consumer prices.

“I’d like just to say real quickly for high retail beef prices, it has nothing to do with tariffs, it’s simply a supply and demand issue. We have the lowest beef herd since 1961 here in the U.S. Consumer demand even at the high retail prices, U.S. consumer demand hasn’t dropped one iota to my happy surprise, and it’s because of the quality of beef here in the U.S., so it’s not related to tariffs or anything else, it’s simple supply and demand and and we just need to grow our beef for a little bit more,” said Kevin Kester, NCBA Past President & California rancher.

The newly reinstated July inventory report offered little hope that it will happen anytime soon. It shows a downward trend all across the board. All cattle and calves are down one percent. Steers are also down, dropping one percent on the year.

The number of cattle was also in the red. Inventory is down two percent on the year. Steers and steer calf numbers gained a percent during the same time. The number of heifers and heifer calves fell five percent from last year with placements down eight percent.

Related Stories
RanchHer celebrated the invaluable contributions women leading the beef industry at their panel, “Your Path to Becoming a RanchHer,” Friday at NCBA CattleCon.
“Where The Food Comes From” visits M&B Products, a milk bottling plant in Temple Terrace, FL (a suburb of Tampa) with its farm in Lecanto, operated by the McClellan family. Get ready for a lesson in everything from milk bottling, to dairy nutrition, and bovine reproduction!
Would you believe it’s possible to have a dairy barn where all you smell is clean fresh country air? Leon McLellan of M&B Products in Temple Terrace, FL shows us how!
If chocolate milke doesn’t come from brown cows (and strawberry milk certainly doesn’t come from pink ones), then where does it come from? Get the scoop!
At Florida dairy operation M&B Products, we learn about bottling milk, lactose intolerance, and so much more!
The FAO Food Price Index for October 2023 is out. Where do global food prices stand, and which categories saw the largest gains?
Falling feed costs and strong demand for butter could be good news for dairy farmers looking to get their finances back on track.

Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.