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Beef Prices Spike as Imports Loosen | Texas News
Beef prices are soaring, and the administration’s bold new plan to flood the market with 300,000 metric tons of cheap imported ground beef for 90 days could be a game-changer—or a gut punch for ranchers. The goal? Lower grocery bills by boosting supply. But critics warn it might backfire: cheaper foreign meat could crush domestic producers, discouraging herd growth and hurting rural economies. With the U.S. cattle herd at its smallest in 75 years, the shortage is real—and imports from Mexico are already strained. While the move sounds like a quick fix, experts question if it’ll make a dent in…
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