And this is translating into good news for burger lovers: the price of beef is expected to fall soon, ending its run of record high prices just in time for the outdoor meat-charring season next year.
Feedlot owners are taking advantage of cheap grain feed to minimise losses by keeping cattle in feedlots longer, letting them put on weight so they fetch higher prices. The gluttonous cattle are thus getting fatter than ever—last month the average beast sold to slaughter weighed 630kg, an all-time high.
