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Could more cattle cause record beef prices to drop? Ranchers say it's not that simple

Record-high beef costs persist as drought, processing concentration and a Mexico border closure limit herd growth, keeping supply tight, officials said.

MANDAN, N.D. (AP) — It’s never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers like Stephanie Hatzenbuhler to raise more cattle — and that's not an easy ask.

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The Northern Virginia Daily broke the news on Tuesday, April 21, 2026.
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