Beef prices reach records as cattle shortage deepens

U.S. Agriculture Secretary Brooke Rollins discussed record-high beef prices as a domestic cattle shortage reached historic lows, squeezing consumers amid ongoing food inflation.

Rollins outlined Agriculture Department efforts to protect ranchers and rebuild the herd. She said heifer retention rates recently rose 3% for the first time in 10 years and addressed debate over beef imports.

Read the full story at foxbusiness.com.