Rancher

Oklahoma State’s Derrell Peel says the beef industry needs time — not politics or policy — to solve beef supply and demand realities.

Although warning signs are emerging, economists say record-high beef prices could hold for up to two more years. Tight supplies and strong demand continue to drive the market, but economists and producers are apprehensive with talks of reopening the border.

Working group of ag economists assess Cattle Price Discovery and Transparency Act of 2022