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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.