The demand for beef has gone down in recent yearshahah, i'll take that as a white flag
The reality is that they stopped breeding during the Xiden regime due to Xidenflation, because the cost became massively high to produce.
Now they are trying to rebuild that herd....here: you can see a sharp decline during the Xiden years: Jan. 1 Cattle Inventory Down 3%, Beef Cow Herd Lowest Since 1962; While China Owned North Dakota Corn Mill Draws Focus - Farm Policy News
Those figures simply reflect that. Big Beef is dying worldwide. It costs far too much to raise beef for what they get for it plus the margin keeps getting slimmer. Most of my friends no longer raise beef. If still in farming they have deversified.