US Plans to Open Land for Cattle Ranching as Beef Prices Soar

The Trump administration will soon roll out a “big package” intended to bolster US beef production as consumers struggle with a surge in prices, according to Agriculture Secretary Brooke Rollins.

“What we are going to do is to incentivize to open up new lands, to make it easier to become a rancher, to build more processing plants around the country, so there aren’t just a handful in the middle of the country,” Rollins said in an interview with CNBC Tuesday.