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Beef Prices Soar Amid Supply Challenges and High Demand

11/25/2025

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Summary

Story summary

Beef prices reached record highs as demand stayed strong despite supply challenges.
Prices rose from $8.40 to $9.18 per pound between March and August 2025.
In 2024, beef sales exceeded $40 billion, accounting for over half of fresh meat.
Ranchers face drought, high feed costs, and an aging population, producing the lowest cattle supply in over 70 years.
U.S. President Donald Trump’s administration seeks to increase imports to stabilize prices.

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Story summary

Beef prices reached record highs as demand stayed strong despite supply challenges.
Prices rose from $8.40 to $9.18 per pound between March and August 2025.
In 2024, beef sales exceeded $40 billion, accounting for over half of fresh meat.
Ranchers face drought, high feed costs, and an aging population, producing the lowest cattle supply in over 70 years.
U.S. President Donald Trump’s administration seeks to increase imports to stabilize prices.