The US has lost over half its cattle operations in a generation, and the average rancher is now over 58. A long-term "cost-price squeeze" has made the profession financially unattractive, leading families to encourage their children to pursue other careers and threatening the industry's future labor supply.

Meatpackers use cheaper foreign beef to drive down prices paid to domestic ranchers. Because this beef lacks country-of-origin labeling, retailers sell it at the same high price as domestic beef, capturing the entire margin instead of passing savings to consumers.

The debate over food's future is often a binary battle between tech-driven "reinvention" (CRISPR, AI) and a return to traditional, organic "de-invention." The optimal path is a synthesis of the two, merging the wisdom of ancient farming practices with the most advanced science to increase yields sustainably without degrading the environment.

Over the past 50 years, Americans have reduced per capita beef consumption by a third by substituting it with chicken. This seemingly simple dietary shift has inadvertently cut more emissions than any other climate action before the rise of solar power, highlighting the massive climate leverage in reducing beef production and its associated land use.

For D2C fashion brands, the inability of third-party suppliers to quickly fulfill reorders on trending products is a key trigger for vertical integration. Larroudé's co-founder realized the cost of one large factory order was equivalent to buying the machinery himself, enabling them to meet demand in weeks, not months.

Normally, high prices signal producers to increase supply. However, cattle ranchers, having experienced a sudden price collapse in 2015 after a period of record highs, no longer trust that current high prices will be sustained. This boom-bust memory breaks the typical economic supply-response cycle.

Despite shelves stocked with heirloom tomatoes and exotic grains, our core food supply is dangerously uniform. For example, 90% of U.S. milk comes from a single cow breed descended from just two bulls, and half of all calories consumed globally come from just three grasses.

In 1980, cattle producers received over 60 cents of every consumer dollar spent on beef. Due to market consolidation, this has reversed. By 2021, packers and retailers captured over 60 cents, while producers received less than 40 cents, despite bearing the longest production risk.

Despite high packer profitability, new processing plants struggle to enter the market. The four largest packers control 80% of the market and have long-term contracts for shelf space with major retailers, effectively locking out smaller, independent competitors from accessing consumers.