Beef Industry Regulation

This week’s Farm News and Views examines worsening drought across western rangelands, rising diesel prices, beef import concerns, and new satellite-based virtual fencing technology for ranchers.

U.S. cattle herd hits a 50-year low; beef prices climb while USDA relocates staff and faces criticism over agency disruptions.

Farm income is projected to drop sharply in 2024, raising concerns among producers, while McDonald's lawsuit against beef giants over alleged price-fixing could bring changes to the industry.