date:Jan 14, 2013
A combination of mostly steady carcass weights and a projected 5% or more decrease in cattle slaughter will cause U.S. beef production to drop 4.8% in 2013, the second largest year-over-year decrease in 35 years, according to new data from the Oklahoma State University Cooperative Extension.
As a beef production goes down, retail prices will increase.
It is not really a question of whether retail prices will go up but rather a question of how much and how fast, said Derrell Peel, Oklahoma Stat