Rancher: We don't have the cattle in the countryside that we used to have Rancher Steve Lucie reveals why beef prices are increasing in the United States on 'America Reports.' NEW You can now listen to Fox News articles! Beef prices are soaring — and economists warn Americans shouldn’t expect relief anytime soon, as the U.S. cattle herd shrinks to its smallest size in 75 years. The massive decrease in cattle numbers has been caused by years of drought, soaring costs and an aging ranching