Customers are now paying more than ever for beef.
Retail beef prices are at record highs, rising 21% over the last year.
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It comes even as ranchers have been making less money for their cattle.
Experts say the issue of lower cattle prices has a lot to do with the fact that there are more cattle to process than space to process them. But, they say things are changing.
The next couple of years are expected to look good for cattle producers, and that’s one of the reasons that beef is in high demand.
Dozens of meat processing facilities have opened in Montana in the last year and half, with more on the way.