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Beef industry benefiting from high cattle prices, and despite inflation consumer demand remains strong

Ranchers getting top dollar for animals, but face higher overall costs

Charlie Spindle, in back, keeps her Hereford and Charolais cattle moving to try to exercise them in an outdoor exercise pen near their paddocks at the National Western Stock Show in Denver on Jan. 8, 2024. She is from the Bill King Ranch in Moriarty, New Mexico. (Photo by Helen H. Richardson/The Denver Post)
Charlie Spindle, in back, keeps her Hereford and Charolais cattle moving to try to exercise them in an outdoor exercise pen near their paddocks at the National Western Stock Show in Denver on Jan. 8, 2024. She is from the Bill King Ranch in Moriarty, New Mexico. (Photo by Helen H. Richardson/The Denver Post)
DENVER, CO - DECEMBER 12:  Judith Kohler - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Although high cattle prices mean higher prices at the grocery store, consumer demand remains robust, agricultural economists say.
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