The Texas Cattle Herd has grown slightly amid record beef prices, according to Texas A&M Agrilife and the USDA.
Cattle numbers are shrinking at auction barns across Texas, and that tightening supply is driving up prices — good news for ranchers, but a growing burden for consumers.
At the heart of the issue is a dwindling cattle supply.
The U.S. cattle herd has fallen to 86.2 million head — a 75-year low — and ground beef prices have risen to $6.75 a pound, more than a dollar higher than the same time last year.
12don MSNOpinion
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