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Why beef prices are so high

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Manage episode 506376259 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Beef is getting more expensive, and it doesn’t look as though that’s going to change any time soon. That’s the view of the Federal Reserve Bank of Dallas, which wrote in its Beige Book entry this month that the trend of rising beef prices continues. There’s solid demand for beef, but falling supply, as production decreases. Ranchers are making more per cow, but their costs are rising. We speak with a rancher in Wyoming to learn what high beef prices mean for him and other ranchers.

Related episodes:
What happened to US farmers during the last trade war
How USAID cuts hurt American farmers

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy

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1911 episodes

Artwork
iconShare
 
Manage episode 506376259 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Beef is getting more expensive, and it doesn’t look as though that’s going to change any time soon. That’s the view of the Federal Reserve Bank of Dallas, which wrote in its Beige Book entry this month that the trend of rising beef prices continues. There’s solid demand for beef, but falling supply, as production decreases. Ranchers are making more per cow, but their costs are rising. We speak with a rancher in Wyoming to learn what high beef prices mean for him and other ranchers.

Related episodes:
What happened to US farmers during the last trade war
How USAID cuts hurt American farmers

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy

  continue reading

1911 episodes

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