US Beef Prices Surge Amid Cattle Shortages and Political Debate

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Source: BBC
US Beef Prices Surge Amid Cattle Shortages and Political Debate
Photo: BBC
TL;DR Summary

US beef prices are soaring due to a decline in cattle herds and industry consolidation, with political debates over potential solutions like increasing domestic production and imports. Ranchers face challenges from high costs and market control by a few large companies, and current proposals may not effectively lower prices for consumers.

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