A tight cattle supply and continued robust demand for the protein are expected to keep costs elevated for consumers and others throughout the supply chain over the next few years.

Efforts to improve supply have been slow-moving. Ranchers are reluctant to erode their strongest profits in decades by increasing the size of their herds. As a result, the U.S. cattle herd is at its lowest level in 75 years, according to the Agriculture Department. <><><>Measures from the Trump administration to rein in prices have had little effect on the market.<><><>

(http://www.autoadmit.com/thread.php?thread_id=5836505&forum_id=2Firm#49681374)