Where's the beef? More importantly, where is it coming from? In this segment, we go "in the booth" with Steve Lucie, a 5th-generation rancher, to pick through the wreckage of the American cattle industry.

The US beef herd is at a 70-year low, yet our population has exploded. Why are we becoming dependent on imports from Brazil and Argentina while local ranchers are squeezed by a "Big Four" meatpacking oligopoly? Gary and Steve discuss the "tournament system," the lack of price transparency, and the legislative fixes—like the Prime Act and the Cool Act—needed to restore a truly capitalist system and bring prosperity back to the middle class.

Follow Steve Lucie on X: @CattleGuy92

In this episode:

• The 70-year low of the American cattle herd.
• The "Big Four" and the rise of the mea ...