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2 hours ago

The unexpected force keeping beef prices high and why the pressure could last for years

Beef prices aren’t easing anytime soon and economists warn the pressure could last for years.That's because the U.S. cattle herd has fallen to its smallest size in 75 years, after years of drought, rising feed costs and an aging ranching workforce forced producers to scale back."The biggest thing has been drought," Eric Belasco, head of the agricultural economics department at Montana State University, told Fox News Digital.Years of dry weather have wiped out grasslands across the West and Plains, leaving ranchers without enough feed or water to sustain their herds. Many have been forced to se...

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2 hours ago
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