Domestic beef prices are certainly a headache, but the U.S. beef supply chain is losing ground in global markets, as well. The culprits are a combination of supply-and-demand economics — and politics. And in the 21st century, other countries, like Brazil, that have nurtured their meat industries over time are stepping up to fill the void in a way they never did before.

Today on MeatingPod, we parse out the challenges that are present and the opportunities that are coming for the U.S. beef industry with Frank Fuhrig, enterprise editor with Meatingplace. His long-time coverage of agricultural and international affairs brings a rare perspective to the role of trade in this business.