Trump Promised Cheap Beef — The Cattle Trade Crushed The S&P 500 For Years

President Donald Trump promised to slash beef prices on day one of his election. Eighteen months later, cattle and retail beef prices have reached record highs. At $6.74 per pound, the current price of beef is about 18% higher than it was during President Joe Biden‘s last year in office. cattle and beef prices have sharply outperformed the U.S. stock market — and the structural shortage driving them shows no sign of relenting. Since Trump’s election victory on November 5, 2024, feeder cattle fut