Nevada rancher warns inflation isn’t over: Americans should prepare to pay more for groceries

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Nevada rancher warns inflation isn’t over: Americans should prepare to pay more for groceries
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J.J. Goicoechea, who serves as director of the Nevada Department of Agriculture, said ranchers need less regulation and the government to 'get out of our way.'

Goicoechea said high energy costs, along with a decreased supply, is likely to drive the price of groceries, including beef, up.has warned Americans that the price of groceries – including beef – is likely to continue to rise, citing inflation and a lower supply of cattle.

"The American consumer needs to be prepared that they’re going to pay more at the grocery store for their groceries, and that includes beef," he said. Goicoechea said the rising costs are the consequence of simple economics: A lower supply of beef, and higher costs for raising cattle. Energy, fertilizer and feed were the largest costs for ranchers, Goicoechea said, noting that the costs were directly tied to the country not being energy independent. The rising costs, along with other challenges to the industry, such as drought, have forced many families to begin liquidating their ranches, resulting in a lower supply of beef, Goicoechea said.

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