President Donald Trump has been cozy with Argentina's president. Now he's allowing more beef imports amid high prices. U.S. cattle ranchers react.

President Donald Trump is accusing foreign-owned meat packers of driving up the price of beef in the U.S. and is asking the Department of Justice to open an investigation.

Consumers are still filling up on beef despite rising prices, with demand strong in the face of a historically low supply of beef cattle in the U.S. Shoppers across the country are seeing higher groce

Grocery inflation may have slowed overall, but beef prices are telling a different story. Cuts like steaks and roasts have seen double-digit hikes, and Trump says it’s not just about supply and demand anymore.

As beef industry insiders and the government play the blame game for rising beef prices, shoppers have found a cheaper but equally tasty alternative.

Omaha Steaks CEO Nate Rempe predicts ground beef will reach $10 per pound by the Q3 2026, with prices unlikely to drop meaningfully until 2027, giving a "shock" to the market.

For the three months ended in October, analysts polled by FactSet expect JBS to post $21.9 billion in total revenue and net income of $564 million.