Record-High Beef Prices Driven by Drought and Shrinking Cattle Herds

Record-High Beef Prices Driven by Drought and Shrinking Cattle Herds

cbsnews.com

Record-High Beef Prices Driven by Drought and Shrinking Cattle Herds

The average cost of one pound of ground beef reached a record high of $5.80 in April, up 50% from five years ago due to increased cattle prices, drought, and the lowest cattle herd numbers in over 70 years, forcing consumers to reduce meat consumption and ranchers to make tough choices impacting the beef supply.

English
United States
EconomyOtherInflationUs EconomyAgricultureFood SecurityRanchingBeef Prices
Bureau Of Labor StatisticsUsdaZ Bar Cattle CompanyTwin Canyons Ranch
Darlowe TorkelsonStephen KirklandKim Radaker Bays
How are drought conditions and decreased herd sizes contributing to the rising cost of beef?
Rising beef prices are driven by multiple factors, including increased cattle costs, drought conditions limiting feed supplies, and the lowest cattle herd numbers in over 70 years. These factors are interconnected: drought necessitates more expensive feed, leading ranchers to sell non-pregnant cows to reduce costs and decreasing the overall cattle supply. This interplay between environmental challenges and economic pressures is pushing beef prices higher.
What are the potential long-term implications of these rising beef prices on consumers and the U.S. beef industry?
The USDA forecasts continued beef price increases throughout 2025, suggesting this issue will persist. Ranchers face a difficult dilemma: maintaining herd size at a considerable cost or reducing herd size, which could further constrict the beef supply and exacerbate price increases. This indicates a long-term challenge for consumers and the beef industry, potentially affecting food security and consumer purchasing power.
What are the primary factors driving the record-high price of beef, and how are these affecting consumers and ranchers?
The price of ground beef has hit a record high of $5.80 per pound, up nearly 50% in five years, forcing consumers to drastically reduce their meat consumption and ranchers to make difficult choices about herd management. Darlowe Torkelson's family, for example, now only buys one steak and one potato for dinner. Ranchers are facing increased costs for cattle, feed, land, and financing, impacting their profitability and the size of their herds.

Cognitive Concepts

2/5

Framing Bias

The framing leans slightly towards emphasizing the hardships faced by ranchers and consumers due to rising beef prices. While this is understandable given the focus, the narrative could benefit from including more balanced perspectives to avoid the impression that ranchers are solely responsible for price increases. The headline (if one existed) would heavily influence the framing, and should be crafted carefully to avoid undue emphasis on one side.

1/5

Language Bias

The language used is largely neutral and objective. The article uses direct quotes from ranchers and consumers, allowing their perspectives to come through without excessive editorial coloring. While words like "record-high" are descriptive, they are not inherently biased.

3/5

Bias by Omission

The article focuses heavily on the rising cost of beef from the perspective of ranchers and consumers, but omits discussion of potential contributing factors from the processing and retail sectors of the beef industry. The impact of government policies or regulations on beef prices is also absent. While acknowledging space constraints is reasonable, including a brief mention of these other perspectives would provide a more complete picture.

Sustainable Development Goals

Zero Hunger Negative
Direct Relevance

The article highlights the significant increase in beef prices, impacting consumer affordability and potentially leading to reduced meat consumption, especially for low-income families. This directly affects food security and access to nutritious food, thus negatively impacting the Zero Hunger SDG.