What's causing record high US beef prices?

US beef prices have reached record highs due to supply shortages, resulting in increased costs for consumers. Despite the high prices, those involved in the beef industry, such as farmers and ranchers, are not seeing a corresponding increase in their profits. The supply chain disruptions and shortages are driving up the prices, but the benefits are not being passed on to the producers. As a result, the high prices are primarily affecting consumers, who are bearing the brunt of the increased costs.

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