Devastating Wildfire in Texas Panhandle Leads to Record High Beef Prices

A devastating wildfire has ravaged parts of the Texas Panhandle, destroying more than 850,000 acres of grasslands and likely killing tens of thousands of livestock. This has led to a scarcity of feed supplies for surviving cattle, pushing up retail beef prices to record high levels. The wildfire has significantly impacted the state's cattle herd, which is the largest in the nation. The shrinking US cattle herd has already resulted in a record high retail beef price of $5.35 per pound, and the situation could worsen. The impact of the wildfire on the cattle-mecca of America has raised concerns about the supply chain and the potential rise of foreign imports. Additionally, there is a call for Americans to consider alternative food sources and support local farming in the wake of this crisis.

• Devastating wildfire in Texas Panhandle has destroyed over 850,000 acres of grasslands and likely killed tens of thousands of livestock.
• Scarcity of feed supplies for surviving cattle has led to record high retail beef prices.
• Shrinking US cattle herd has resulted in a record high retail beef price of $5.35 per pound, with potential for further increase.
• Concerns about the impact on the supply chain and potential rise of foreign imports.
• Call for Americans to consider alternative food sources and support local farming.