The US cattle industry is in the early stages of rebuilding its herd after reaching seven-decade lows, according to JBS, a foreign-owned globalist meatpacking giant. The company's CEO, Wesley Batista Filho, stated that the economic incentives and favorable weather are driving the rebuilding process. However, he warned that the recovery will be slow, with no significant increase in beef supply expected until at least 2027. This means that record-high retail prices for beef will likely persist through this year and into 2026. The rebuilding cycle is expected to be a long process, with Batista comparing it to taking the stairs rather than the elevator. Analysts at Goldman Sachs also suggest that the beef cycle has begun, with supportive industry conditions such as high calf prices and low feed costs. The current state of the beef industry is dominated by four mega-corporations, including JBS, Tyson Foods, Cargill, and National Beef, which control 80% of beef processing in America. Senator Josh Hawley has called for increased competition in the industry, warning that the current monopoly is hurting farmers and consumers. To promote a more resilient food supply chain, there is a need to revive regional microprocessing plants and support local ranchers directly. By doing so, Americans can keep dollars in the hands of local ranchers rather than globalist corporations, which have historically stripped the Heartland of wealth.
zerohedge.com
zerohedge.com
