Why beef prices are so high

为何牛肉价格如此高昂

The Indicator from Planet Money

2025-09-15

9 分钟
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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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  • NPR. Hey Robert, looks like you just went to the grocery store.

  • Will you show me your haul?

  • Yes, I decided to buy all the items mentioned in the most recent beige book.

  • Good list.

  • The beige book is our favorite obscure government document here at The Indicator.

  • It gives insight into how local economies are doing.

  • And Robert, you went super local, hyper local.

  • Yeah, of course.

  • The beige book says that beef prices are up, so I bought some hamburger.

  • And eggs and dairy products, they're cheaper in some places, according to the beige book.

  • So I got a deal on those.

  • And what's that peeking out of your bag?

  • Corn?

  • I did get a few cobs.

  • The book says that corn prices are down.

  • The only question now is, can you make a beige book recipe with this stuff?

  • You know, if you have one of those new fangled fridges that you connect to Wi-Fi,

  • it tells you what to make with the random stuff inside.

  • I feel like it would tell you, make a really strange frittata.

  • Frittata is always the answer when you don't know what to make.