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Beef Prices Under Pressure
Description
Beef prices are soaring as a deadly screwworm outbreak in Mexico threatens the U.S. cattle supply, hitting an already record-low herd battered by drought. Trade tensions are escalating too, with U.S.-Mexico negotiations stalled by President Trump’s threats to scrap the USMCA — a deal that keeps North America’s beef market flowing. With Mexico’s live cattle exports down 80% and U.S. beef exports at risk, any trade collapse could mean higher tariffs, tighter regulations, and even pricier steaks at the grocery store.
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