US beef supply decline and cattle farmer crisis 2026
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American ranchers face soaring costs and loyalty to Trump
In August, the Trump administration announced it would import 300,000 metric tons of duty-free foreign beef to lower consumer prices.
Jake Wolfinger's cattle selling price dropped from $240 per hundredweight to $225.
Nebraska rancher Yvette Mannon had 1,600 grazing acres and 13 miles of fence destroyed by a wildfire in April.
“I think, in general, if you're conservative in this country, you're going to vote conservative,”
Texas BBQ joint takes drastic step as soaring beef prices hit restaurants
Soto said the restaurant would still sell brisket, but not in the way or quantity it had been.
The USDA's Economic Research Service expects beef prices to increase 9.4% in 2026, with a forecast interval of 7.4% to 11.6%.
Soto said a food rep informed him that brisket had increased in price by almost $1 per pound.
Beef costs and Trump administration response
Ground beef prices are nearly 60% higher than five years ago.
Brazil has overtaken the United States as the world's largest beef producer.
Ground beef hit a record price of $6.92 a pound.
US beef supply shrinks as cattle farmers report declining numbers
Will Harris said conventional farming practices he initially used, including chemical fertilizers, antibiotics, and growth-promoting technologies, damaged his land, farm, and community in the long run.
Fox News Digital reached out to the National Cattlemen's Beef Association (NCBA) for comment.
Will Harris said higher cattle prices have not caused farmers to expand or reenter the business as in previous cycles.