Story perspectives
Trump's Grazing Plan Aims to Lower Soaring Beef Prices
11/19/2025
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Story summary
- U.S. Agriculture Secretary Brooke Rollins said the Trump administration's plan to expand grazing lands aims to lower beef prices.
- Beef prices are at record highs due to a shrinking cattle supply.
- Omaha Steaks’ CEO warned ground beef could reach $10 per pound by 2026.
- Tyson Foods reported losses and attributed rising prices to tight supplies and increased demand.
