High interest puts pressure on US cattle farms – research

Wildfires and rising input prices are exacerbating factors, Kansas City Fed research says

Kansas City Federal Reserve
David R. Frazier Photolibrary, Inc. / Alamy Stock Photo

Tight monetary policy is having measurable effects on cattle production in the US, research from the Federal Reserve Bank of Kansas City says.

“Cattle inventories declined to historically low levels at the start of 2024” in the US, say authors Cortney Cowley, Ty Kreitman and Francisco Scott. They warn that higher input prices and rising interest rate expenses could lead to a “prolonged period of lower cattle supply.”

The pressure on cattle farms may not decrease soon. “Higher costs for financing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account