A steak in the game: Producers say beef prices are a bargain and cattle prices are not too high

A steak in the game: Producers say beef prices are a bargain and cattle prices are not too high

Consumption of America’s favorite red meat has grown in recent years while the cattle herd continues to shrink due to low prices, drought and instability in the market. Additionally, the border is closed to Mexican cattle due to the threat of New World Screwworm and President Trump implemented tariffs on Brazilian beef. This produced a “perfect storm” of strong beef and cattle prices simultaneously. Enter the last 41 days. President Trump has ma…

Cattle industry cites tight supplies as Trump targets rising beef costs

The high retail price of beef became a target of the Trump administration late this year. Minnesota State Cattlemen’s Association executive director Kaitlyn Root says there are several reasons consumers are paying more. “When you have a shrinking herd, which is what we have right now, due to drought. And you have high demand from […] The post Cattle industry cites tight supplies as Trump targets rising beef costs appeared first on Brownfield Ag …