(Undated) — Cattle prices are soaring, and South Dakota ranchers say beef is now the “golden egg” of the ag economy. With the nation’s cow herd at its lowest in 25 years, demand for beef is strong and consumers are willing to pay more for steaks and burgers. Ranchers say it’s one of the best cattle markets they’ve seen in decades, though they warn the boom won’t last forever and could leave newcomers in the industry saddled with debt when the market corrects.
