People shop at a grocery store in Columbia, Md., on June 8, 2024. Madalina Vasiliu/The Epoch Times
President Donald Trump’s administration intensified efforts on Wednesday to combat rising beef prices, calling on domestic cattle ranchers to lower prices for consumers while also releasing a multi-agency strategy to restock the nation’s depleted cattle herd.
Beef prices in the United States have eclipsed record levels after a prolonged drought that has impacted grazing lands and elevated feed expenses, forcing ranchers to reduce herd sizes. The U.S. cattle inventory, currently at its lowest since 1951, has been shrinking amid import restrictions, including the suspension of Mexican cattle shipments due to pest concerns and tariffs constraining Brazilian supplies, all while consumer demand remains strong.
