Rising Beef Prices and Supply Challenges

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But we're talking more than three or four days. A bona fide extreme and historic heat wave And beef prices hit dizzying highs while the administration scrambles to shore up supply. Not to be the bearer of bad news, but We're really not going see any relief on beef prices until Probably twenty twenty eight. Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know Spring is here and your yard probably needs some love after winter. Our sponsor fast Gring Trees is America's largest and most trusted online nursery, with thousands of trees and plants and over two million happy customers. Think of it as your local nursery available anywhere, with a bigger selection than you'll find anywhere else. From fruit and privacy trees to flowering varieties, shrubs, and houseplants, every plant is grown with care and guaranteed to arrive healthy simimply click order and grow to create your dream yard with options that fit your climate, space, and lifestyle. 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Offer is valid for a limited time, terms and conditions may apply On Monday, the Supreme Court dropped multiple high stakes rulings dealing with mail in ballots and executive powers. Joining us now to discuss these pivotal rulings, from the Supreme Court is Alliance Defending Freedom Vice President of litigation strategy, Jonathan Scruggs. Jonathan, thanks for coming on Nxtra let me be on So first, let's talk about the two executive powers cases. Those were Trump versus slaughter and Trump versus Cook The slaughter case, which essentially determined the president's right to fire the heads of independent government agencies, that went in Trump's way. Let's start there. People are saying it's a big win for the president. Yeah, that's exactly right. That's exactly what happened. It wass really big opinion, big win for the Trump administration. The court effectively saying that Congress couldn't put limits on the Trump executive branch and whether they could hire or fire members of the FTC, a federal agency. And so this one is going to have a huge impact, I think on a lot of other agencies as well. So this is one of the biggest wins for the Trump administration this term So the court said that the president can fire heads of independent agencies, but then surprisingly, they ruled against him in Trump versus Cook. Listeners may remember President Trump attempted to fire Fed Governor Lisa Cook. She was a Biden appointee. She fought it, and that's what this case was about. So Jonathan, what was the ruling here And That was a loss for the Trump administration involving the federal bank, where in a five before four decision, the Supreme Court said that Congress had the power to put limits on the president and its ability to hire and fire officials in the Federal Reserve. But something to flag is ultimately the case said Trump couldn't fire the member of the Federal Reserve yet that may end up being able to later So this is a temporary loss, but the court did address the bigger constitutional issue So really going against the slaughter decision, which I mentioned earlier. So one win, one big win for the Trump administration, one, I'd say loss for the Trump administration Now, arguably the biggest case at least to a lot of everyday Americans, is the Mail and ballot decision that was Watson versus RNC. Tell us about that decision As's another five to four decision, this time interpreting the meaning of a federal statute and what mean what does election date me. And there the court ruled that essentially punding it to the states. The states under the statute get discretion to count ballots that are received after election day. So ultimately at the end of the day, this case will be determined what Congress does. So Congress could amend the statute But right now, under the read of the federal statute States can count ballots that are received after election day if they're postmarked before election This really only affects federal elections. So our state elections, that's going to be heavily regulated by the states. But here when it talks about election for federal office, it's regulated by a federal statute. So Congress is going to have a lot more say and a lot more authority. But the court did interpret that federal statute to give states some discretion Okay, so the court has kicked it back to Congress to legislate elections. So for now, nothing changes. That's right. It's a bit of a status quo. And like I said, it's going to be kind of a punt to Congress to decide what to do in you, Congress can reinpret the statute or amend the statute at issue in this case Now, how did the court break down for each of these rulings? Were there any surprise votes I think the Watson decision, which was the ballot decision, was a bit of a surprise. It was five to four Justice Barret writing with Chief Justice Roberts joining the liiberal justices. I think most people would have said that have come out the other way. So that was a bit of a surprise. I think the others decisions came out as expected in terms of a split decision for the Trump administration So it sounds like a mixed bag for the Trump administration, but we still have several more rulings coming out this week, right There are four decisions left, including the big birthright citizenship case. All right, well, we're definitely going to be watching that. Jonathan, thanks for coming on. Oh, thanks so much Here's something hiring managers say matters a lot more than most people realize, enthusiasm. According to CNBC, nearly half of hiring managers say a candidate's enthusiasm for the job is one of the most important factors they consider. 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So Cabot, first off, just how extreme is this heat wave? Yeah it's shaping up to be one of the deadliest heat waves in European history. Germany recorded a temperature of one hundred and seven degrees Fahrenheit over the weekend, which would stand as the hottest temperature ever recorded in the country's history. Poland and the Czech Republic have also set new records, and Hungary is expected to also break its record within the next day or so The heat is now making its way east across the continent That'll bring somem relief to Britain, France, and Spain after a week of temperatures north of one hundred and four degrees there. Now, as we mentioned at the top, this heat wave has already killed more than a thousand people Are these heat stroke deaths or how are they counting these? So it's a bit more of a statistical inference, as they say, but there's no doubt that heat is the leading factor for a lot of these deaths. The head of the World Health Organization, for example, says that more than thir three hundred excess deaths, as they call them, have been linked to the heat since june twenty first alone The vast majority are logged among older people, sixty five and above, mostly in nursing homes, many of which lack air conditioning. And the true number might actually be higher because a lot of these countries are slow to officially link deaths to the heap For example, France alone reported about one thousand excess deaths during this heat wave when compared to cooler weeks. Now these deaths have not been formally tied to the heat wave yet, but again, if we make some educated guesses, that one thir threeteen hundred number will likely be revised upward in the coming days and weeks. Now understandably, people are very upset that their loved ones have died in this way, especially because it could have been prevented in many of these cases. And this has become something of a political lightning rod in Europe. Tell us about that debate Right, there's no doubt this is a surprisingly politically charged debate for Europeans. Just for some context, air conditioning is extremely rare across most of Europe. Only about twenty percent of European homes are equipped with it. That's compared to roughly ninety percent in the US. And considering the generally cooler climate of Europe A lot of homes, schools, and offices were built to retain heat. So when temperatures spike like this, people have very little defense. And many folks on the right across Europe have certainly seized on this issue as an example of climate policy gone too far In France, for example, national rally leader Marine Le Pen pledged on Friday that if she's elected president, she'll roll out what she called a massive air conditioning plan, starting with the most vulnerable populations And this is not a trivial issue. More than sixty two thousand Europeans died of heat related deaths in twenty twenty four alone compared to fewer than twenty five hundred in the US in the same year So what's the counter argument for putting air conditioning in places like nursing homes? Yeah, the counter is coming from the left and more green parties who are still staunchly opposed to AC despite what we've seen this week. They argue that it draws far too much electricity and contributes to climate change The clearest example of that came from a city in Belgium run almost entirely by left leaning officials. Its government website told residents last week that, quote, the best air conditioner is a tree. and offered them a free tree to plant outside their homes instead of AC. The city eventually walked that back after backlash and has since installed portable AC units in a number of daycare centers. And the right is arguing at this point no matter what you believe about climate change Protecting vulnerable populations needs to come first, and there are signs that public opinion is shifting in favor of AC. Now bringing it back to the US. We also have a huge heat wave this week for fourourth of July weekend. What are we expecting to see? Yeah, it's going to be dangerously hot for much of the country. There's no other way of putting it. A heat dome, as they're calling, it is settling over the eastern half of the country. It's forecasted to peak on Friday. More than one hundred million people are under a major heat risk at some point this week And cities along the R ninety five corridor could see several straight days in the upper nineties to low one hundreds, with heat indexes hitting as high as one hundred, ten Washington could hit one of the three on Friday, New York projected to record its first hundred degree day since twenty twelve Forecasters are urging people to take the heat seriously as folks celebrate America's two hundred and fifteth anniversary with cookouts and fireworks. So you know, stay hydrated, be smart and enjoy AC, which thankfully most of us have So on the east cooast, we have a heat dome, but also there are some very dangerous conditions out west. Tell us about the wildfires Yeah, that's right. fire season is hitting hardest right now on the Colorado Utah border, where three federal firefighters were just killed over the weekend while battling a fast moving wildfire. These firefighters were part of an elite unit that specializes in stopping new fires, but this one unfortunately spread so fast that the flames overtook them just before they could be pulled out There are dozens of other massive fires raging across the Western US right now. The biggest one in Utah has already burned more than ninety three thousand acres And if it continues at this rate, it will be the most destructive fire in state history. Wow. Well, Cabbot, thanks so much for reporting. Absolutely. As America celebrates two hundred and fifty years of innovation and opportunity, Comcast is investing in the connections that help communities big and small thrive today, and for generations to come Over the past five years, Comcast has invested nearly two hundred billion dollars to expand fast, reliable and secure broadband, support jobs and strength in communities nationwide from the sports and entertainment, people love to new theme park experiences, we're investing in connection and in the economic growth of our country Learn more at comcastcorporation. com slash investment Rising beef prices could put a damper on Americans plans to celebrate the fourth. Daily Wire contributor, Tim Pierce joins us now to talk about what happened to beef prices in recent years. And in case listeners don't know, Tim Pierce is actually a fifth generation rancher, so basically all cattle and no hat Tim, why do beef prices seem so high right now Yeah, this is obviously a subject that I have a personal connection to. and my family spends a lot of time monitoring the beef prices. makes sense. And that beef prices seem high because they are high. Federal data says that beef prices have risen sixteen percent just in the past year. A lot of that comes down to herd sizes shrinking while demand is going up Morning why I recently spoke to Good Ranchers, founder and CEO Ben Spell. Here's what he said It's no surprise we have the lowest cattle herds in the US pretty much In history. That's probably the biggest driver of it. The herds have been dwindling, you know, because of drought. But also because the average age of ranchers in the US is very high. like I think it's sixty two. meaning There's a saying, makeake hey when the suns shining. And right now on the selling cattle side Cattle are selling for record prices And so lot of people a lot of the ranchers are seeing this as an opportunity for them to sell off their herds. So we're in a bit of a death spiral with aging ranchers being incentivized to liquidate their farms right as we need more cattle. Spell also said the changing tastes factor into this as well. Americans in general now eat a lot more beef than they used to And that added demand has driven up prices as well Now the price of beef is something that the Trump administration has tried to address directly. in February, President Trump signed an order to increase beef imports from Argentina to try to bring down those prices. Has that worked at all Yeah, basic economics says that the imports should help out the prices in the short term, at least with the price of ground beef, which was specifically targeted in that order. But ag and ranching groups have warned that increasing US reliance on foreign beef has drawbacks as well. And in particular to this order, some groups have said that the amount that Trump's order increases imports by is not enough to have a measurable impact on beef prices in the grocery store And then in general, there is a big concern that importing cattle, not just beef, could lead to the spread of disease. Cattle groups have warned that Argentina has a history of foot and mouth disease. It's a severe viral disease that is highly contagious and while not often fatal, can leave the animal very weak and underweight. It's also very hard to get rid of once it starts to spread There's also a more immediate example of this. Agg producers in the Southwest are currently fighting a resurgence of what's called the New World sccrewworm. It's a fly that will lay its eggs in open wounds and the maggots that hatch will burrow through the host and eat its flesh. Obviously painful and lethal as well if left untreated. Scworm reappeared in Mexico in twenty twenty four And now cases of it just recently began to pop up in Texas. Authorities there have already issued emergency quarantine and animal movement orders across nearly two dozen counties Now if we need more cattle to bring down some of these prices, What do we need to do to get there and how long will it take Well, there's really only two ways to get more cattle. You can either buy them or you can breed them. And then breeding, obviously you have to wait on the breeding cycle of the cattle, which will take months, if not years to replenish stock We also asked Spell about this and he said it could be a long process You're talking about a two year process, really, notot to be the bearer of bad news, but We're really not going to see any relief on beef prices until probablyrobably twenty twenty eight at the soonest, but It is a cycle and if you look over the last fifty years, their cycles like we're in right now So Americans will have to deal with high prices for now, but relief will hopefully come in the next couple of years. Yeah, well, as an almost daily steak eater, this is something I have noticed a lot over the past year. Tim, thanks for reporting Thanks for having me Thanks for waking up with us. The reporting that fuels this show is only possible because you tune in every day and because of our Dailywire subscribers. To enjoy the show, add free and join our mission, become a member at dailywire d. comot We'll be back later this evening with more news you need to known You want to get your backyard summer ready, but you don't want to break the bank? Wayfare gets it, planning on dining alfresco or relaxing poolside