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U.S. beef prices hit record highs due to low cattle supply and strong demand, with no quick relief in sight.
Beef prices in the U.S. have reached record highs, driven by supply constraints including drought, high feed costs, and a shrinking cattle herd at its lowest level in over 70 years, yet consumer demand remains strong.
Despite inflation and rising costs, Americans continue buying beef at consistent levels, fueled by deep-rooted dietary preferences and limited substitution with other proteins.
Experts say sustained demand is a key factor keeping prices elevated, with little sign of a near-term decline.
Rebuilding cattle supplies will take years, and while import increases and production strategies are being explored, immediate relief is unlikely.
Los precios de la carne de res de EE.UU. alcanzaron niveles récord debido a la baja oferta de ganado y la fuerte demanda, sin un alivio inmediato a la vista.