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Beef prices are up about 15% over the past year as ranchers face record low cattle herds amidst years of drought throughout u.s Learn what’s driving the cost up. Torn between supporting ranchers and bringing down prices, the president is trying to have it both ways on beef.
This strongly suggests that the trump administration threw badly bleeding packers a lifeline by opening u.s Beef prices keep soaring due to supply issues, industry consolidation, and demand—not just inflation Markets to enormous, unlabeled supplies of south american beef to cut their losses.
Trump directed the department of justice to launch an investigation into the nation’s largest meat packing companies for potential collusion, price fixing, and price.
Beef prices rising by 15%, the white house has adjusted tariff levels to help control costs. But with beef prices approaching $10 per pound, the trump administration is scrambling to bring them down, including by lowering tariffs on beef imports and trying to address a shortage of. Beef prices have increased over 50% since 2020, causing restaurants and stores to raise their prices. President donald trump’s tariffs have yet to have a major impact on beef prices but they could be another factor that drives prices higher because the u.s
Imports more than 4 billion pounds of beef every year.
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