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The Strange Economics Behind Your $8 Hamburger

Beef is expensive. Cattle prices are at historic highs. Ranchers are finally getting paid more for their animals. So why is the U.S. cattle herd still the smallest it’s been in 75 years? Why are giant meatpackers losing hundreds of millions of dollars and closing plants? And why are smaller ranchers still struggling to find somewhere to process their cattle?

In this solo episode, Dana follows the beef supply chain from pasture to meat counter to understand a moment when almost every part of the system seems to be telling a different story. Years of drought shrank the herd. Rebuilding takes…

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