The meat has never been more expensive, due to supply shortages, but there's a big squeeze on profits.

With US beef prices soaring to record highs, you might think that South Dakota cattle rancher Eric Gropper would be celebrating.

Yet while the cost of the meat in US supermarkets is now 12% higher than it was a year ago, a rise more than three times the rate of general inflation, Gropper says that he and all the other beef farmers aren’t making any more profit than usual.

  • Ripley_Tripley@lemmus.orgEnglish
    17·
    2 days ago

    Despite the dilemma of drought and disease, no one is also mentioning how a lot of our materials that are being used to take care of the cattle are imported from another country. The vehicles, fencing posts, barbed wire, possibly medicine, parts for the vehicles, etc. Part of it costing more from buying materials to take care of the cattle, nothing is barely made in house and if it is, its once again coming from somewhere else to take care of what little product they have.