Why have US beef prices risen around 13% over the past year? Who’s making money from the burgers and steaks Americans eat? Presenter Sam Fenwick speaks to a cattle rancher in South Dakota, an agricultural economist in Wisconsin, a meat packer in North Carolina and a restaurant owner in Nebraska to find out what’s happening in this quintessentially American corner of the food market. We unpack the US beef supply chain to discover why prices are rising, who’s making money from it and who’s getting squeezed.

Presenter: Sam Fenwick

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(Picture: A cow waiting to eat at a feedlot in Saltillo, Mexico, June 1, 2026. Credit: REUTERS/Daniel Becerril)