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‘Megadrought,’ Big Meat Packers Drive Prices Up For Wyoming Beef

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‘Megadrought,’ Big Meat Packers Drive Prices Up For Wyoming Beef


Anyone who loves to throw a good burger or steak on the grill won’t be surprised ranchers are realizing record profits and consumers are paying premium prices at grocery stores.

The contrast between these trends stems is the first lesson taught at business schools everywhere: supply and demand, or vice versa. For the beef industry, including Wyoming ranchers, high demand and limited cattle supply allows them to get top dollar for their livestock, maximizing profits in the current market.

“It’s a supply and demand issue,” said state Rep. Bob Davis, R-Rock Springs, who is also a rancher by trade. “Beef is in high demand, but ranchers don’t have the inventory to fill that demand. That’s bringing prices up and determining the price that the processors are willing to pay the ranchers for the beef.”

At a recent National Cattle Convention held in Florida earlier this month, industry experts from CattleFax presented an optimistic outlook, projecting record prices across all classes of cattle for the year ahead.

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Drought Discourages Breeding

Several factors propel the bullish forecast, with a yearslong drought being the most significant. These dry spells in the Western and Midwestern regions of the U.S. have hindered efforts to expand herds and contributed to their continued decline, Davis said.

“We’ve been in a drought for at least four years,” he said. “And ranchers have had to sell down their inventory because of a lack of feed, lack of pasture, lack of water. We just can’t compete with mother nature.”

Severe drought causes cattle to stop breeding, resulting in a scarcity of calves for sale, which causes ranchers to miss out on crucial income.

“We had to sell half our herd over those four years. We started with 300, but when there’s a drought they don’t breed, so they’re dead weight and we don’t make money if they aren’t breeding cattle we can spell,” said Marilyn Wood, a southern Utah rancher.

To replenish the depleted inventory, the Wood family would need to spend about $1,500 per head at current prices, amounting to a significant $225,000, she added.

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However, realizing a return on that investment would require a two-year process. After acquiring the calves, a year is needed for it to mature and become eligible for breeding. Then it’s an additional year before the bred calves can be sold.

Rebuilding

Furthermore, achieving a full return on that investment depends on several factors, including the selling price of the beef compared to the initial purchase price. There is also uncertainty about whether all calves will successfully breed.

“Most ranchers don’t have $225,000 to go out and replace 150 head of cattle,” Wood said. “It takes a lot of years to rebuild that inventory.”

The most recent USDA inventory report reveals a historic low in cattle numbers, with a 2% decrease to 28 million head. This marks the lowest inventory level in 50 years, a trend expected to continue for three more years.

The low inventory also creates problems for ranchers needing to buy cattle to replenish their herds.

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“There isn’t enough cattle on the market for ranchers to just go out and buy more,” Wood said. “We have to build our inventory with the herds we already have, and that takes years.”

While 2023 brought favorable weather conditions overall for cattle ranchers, it wasn’t enough to declare an end to the drought, according to the National Oceanic and Atmospheric Administration’s 2023 drought report.

The Great Plains region, spanning from Montana and North Dakota to Texas, endured three years of unusually dry conditions. Above-average precipitation in 2023 brought some relief, especially in the Western areas. But the area still didn’t fully bounce back from the deficits of the previous three years.

Scientists have dubbed the drought ongoing in the Western region for more than two decades a “megadrought.”

The Southwest region also has experienced several years of drought, with 2023 providing some relief, but not sufficient to fully alleviate the area from drought conditions.

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Even if the drought lifts and ranchers can replenish their inventory, shoppers aren’t likely to find much relief at the grocery store in the near future.

Beef prices have been continuing to climb as ranchers don’t have enough supply for demand, like these prices at King Soopers in Cheyenne. (Greg Johnson, Cowboy State Daily)

Big Beef Business

Many ranchers say this is largely because of the influence of major packing conglomerates on the meat processing industry.

“These corporations are the biggest reason why we are seeing the prices we are seeing,” said Tyler Lindholm, fifth-generation rancher and state director for the free-market advocacy group Americans for Prosperity.

Referred to as the “big four,” these companies wield control over the market, dictating the price at which beef is sold, Lindholm said. Critics argue this dominance amplifies market instability and undermines the interests of consumers and ranchers.

“These four major packing corporations are the problem,” Lindholm said. “Yes, right now ranchers are making a profit. But it’s just a bubble and like bubbles, they pop. And I don’t expect these processing companies, who really are responsible for setting the price you pay at the store, to bring the price back down.”

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Lindholm also stressed the importance of legislative measures to address the overwhelming control exerted by these corporations to ensure fairness and stability in the market.

As part of this, Lindholm advocates for state laws that enable people to buy beef directly from local ranchers, bypassing the big companies. He said direct-market friendly laws pair consumers with fresher and potentially higher quality products, but also enable them to support local businesses and farmers.

Additionally, he would like to see more state-inspected packaging facilities. This way, ranchers wouldn’t have to rely on big corporations to process and package their beef, giving them more control over their products and ensuring a fairer marketplace.



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Wyoming Reporter Now Facing An Additional 10 Felony Charges

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Wyoming Reporter Now Facing An Additional 10 Felony Charges


The Platte County Attorney’s Office has nearly doubled the possible penalties for a Wyoming reporter accused of forging exhibits in an environmental case tied to her staunch opposition to a wind farm.

The 10 new counts against April Marie Morganroth, also known as the Wyoming-based reporter Marie Hamilton, allege that she convinced her landlords that she’d been approved for a home loan to buy their property, and grants to upgrade it.

Hamilton was already facing 10 felony charges in a March 9 Wheatland Circuit Court case, as she’s accused of submitting forged documents and lying under oath before the Wyoming Industrial Siting Council.

That’s an environmental permitting panel that granted a permit to a NextEra Resources wind farm, which Hamilton has long opposed. She’s also reported on NextEra’s efforts and the community controversies surrounding those.

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Then on Wednesday, Platte County Attorney Douglas Weaver filed 10 more felony charges: five alleging possession of forged writing, and five more alleging forgery.

The former is punishable by up to five years in prison and $5,000 in fines; the latter by up to 10 years in prison and up to $10,000 in fines.

Hamilton faces up to 65 years in prison if convicted of all charges in her March 9 case. The March 25 case would add up to 75 years more to that.

Both cases are ongoing.

Hamilton did not immediately respond to a voicemail request for comment left Thursday afternoon on her cellphone. She bonded out of jail earlier this month. The Platte County Detention Center said Thursday it does “not have her here.” 

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The Investigative Efforts Of Benjamin Peech

Converse County Sheriff’s Lt. Benjamin Peech investigated both cases at the request of Platte County authorities, court documents say.

When he was investigating evidence that Hamilton submitted forged documents and lied under oath for Industrial Siting Council proceedings, Peech also pursued Hamilton’s claim that she owned property on JJ Road, and that she’d bought it with a U.S. Department of Agriculture loan.

The property, however, is registered under Platte County’s mapping system to a couple surnamed Gillis, says a new affidavit Peech signed March 19, which was filed Wednesday.

Peech spoke with both husband and wife, and they said they had the home on the market to sell it, and Hamilton contacted them in about July of 2025.

Hamilton told the pair that she and her husband wished to buy the property and were pre-qualified for a USDA loan through Neighbor’s Bank, wrote Peech.

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But the property didn’t meet the standard of the loan, Hamilton reportedly continued. Still, she’d been approved for a USDA grant to work on the problems with the property and bring it up to the standards to qualify for the loan, she allegedly told the homeowners.

Papers

Hamilton provided the couple and their realtor with letters from USDA showing her loan pre-approval and grant approvals, the affidavit says.

During the lease period that followed, Hamilton was late “often” with rent and didn’t provide the couple with work logs until pressed, Peech wrote.

In early 2026, the lieutenant continued, the homeowners became concerned and asked Hamilton about her progress improving the property.

Hamilton reportedly sent the homeowners two invoices from contractors, showing she’d paid for work to be done. She said the wind had delayed that work, wrote Peech.

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The affidavit says the Gillis couple sent Peech the documents Hamilton had reportedly given them, along with supporting emails showing those had come from one of Hamilton’s email addresses.

The Loan approval documents showed the respective logos for USDA Rural Development and Neighbor’s Bank at the top of each page, the lieutenant wrote, adding that the documents assert that Hamilton and her husband had been approved for the loan.

“There was then a list of items that needed to be completed — 14 items — prior to Final Loan Approval,” related Peech in the affidavit.

A signature at the bottom reportedly read, “Sincerely, USDA Rural Development Neighbors Bank Joshua Harris Homebuying Specialist.”

Grant Document

The documents purporting Hamilton had received a grant also showed the USDA Rural Development logo at the top of each page, with the names of Hamilton and her husband, other boilerplate language and a description of a $35,000 home buyer’s grant.

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The project was about 65% complete at the time of review, the document adds, according to Peech’s narrative.

Peech describes more documents: a January notice, an invoice bearing the logo and name of “Cowgirl Demolition and Excavation, LLC,” and another invoice bearing the logo and name of “Pete’s Builders Roofing and Restoration.”

Real Estate Agent

Peech spoke with the Gillises’ real estate agent, Kay Pope, and she said she’d tried to verify the USDA grant and pre-approval by calling Susan Allman, who was listed in the documents as the Casper-based USDA agent. Pope left several messages without response, the affidavit says.

Pope spoke with Hamilton’s real estate agent, and he said he’d spoken to Allman, and he gave Pope a phone number.

Cowboy State Daily has identified Hamilton’s real estate agent and tried to contact him for further clarification.

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Pope called that number and left messages without response, wrote Peech.

Peech then called a USDA Rural Development office and spoke with a Janice Blare, deputy state director, he wrote.

Peech sent the three USDA letters to Blare and gave her “all of Hamilton’s names and aliases,” he added.

The lieutenant wrote that Blare later told him the USDA investigated the letters and determined no evidence existed to show the USDA had issued them.

No records existed either, of Hamilton “using all her alias permutations” or her husband within either the USDA loan program or grant program, wrote Peech.

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The USDA didn’t have an office at the address listed in two of the letters. The address pertains, rather, to a dirt lot. The USDA Rural Development office didn’t have a program titled “Rural Communities Home Buyer Program” as listed on two of the letters.

On Nov. 6, 2025, the date of the first letter purporting Hamilton had been approved for the grant program, all U.S. government offices including USDA were on furlough, noted Peech from his discussion with Blare.

A person named Susan Allman didn’t appear in USDA’s employee records, Blare reportedly added.

The Phone Call

Peech called the cellphone number one of the letters listed for Allman, “and this was disconnected,” he wrote.

The number Hamilton’s real estate agent had given was a voice over internet protocol number that Bandwidth LLC operates but is assigned to Google, added Peech.

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Meanwhile, Converse County Investigator Amber Peterson spoke with the construction and roofing companies listed in the documents.

Chad Derenzo of Pete’s Roofing confirmed the logo and name listed on the documents were his company’s own — but said his company hadn’t issued the bid listed in those documents, according to the affidavit.

“Their company had never contracted to do work for Hamilton or at the… JJ Road address,” the document says.

The invoice also bore an address in Torrington, Wyoming, and his company doesn’t have a Torrington office, said Derenzo, reportedly.

Jessica Loge of Cowgirl Demolition and Excavation gave similar statements, saying the documents bore her logo, but her company hadn’t issued the bid or contracted with Hamilton.

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Clair McFarland can be reached at clair@cowboystatedaily.com.



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Wyoming State Parks announces pause on potential visitor center project at Sinks Canyon State Park

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Wyoming State Parks announces pause on potential visitor center project at Sinks Canyon State Park


(Lander, WY) – The Wyoming Department of State Parks and Cultural Resources (SPCR) is announcing a pause on a possible visitor center project at Sinks Canyon State Park following public engagement efforts conducted in late 2025. On Dec. 1, 2025, Wyoming State Parks, in partnership with Sinks Canyon WILD,  hosted a public forum and gathered […]



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Coyote Flats Fire near containment as critical fire danger hits Black Hills, Wyoming counties

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Coyote Flats Fire near containment as critical fire danger hits Black Hills, Wyoming counties


RAPID CITY, S.D. (KOTA) – The grass is starting to return in the Black Hills, but the damage left behind by last week’s wildfire is still visible beneath the surface. The Coyote Flats Fire is now almost completely contained, but fire officials say the work for crews who battled the flames is far from finished.

“It’s been a long week,” said Gail Schmidt, fire chief for the Rockerville Volunteer Fire Department. Schmidt said firefighters worked the Coyote Flats Fire for multiple days as the blaze forced hundreds of people to leave their homes.

Schmidt also warned the timing is concerning.

“It’s early,” she said. “It’s early — and that’s the more concerning part. We haven’t even hit summer yet.”

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Some of the same crews, Schmidt said, have moved from the Black Hills to a second wildfire — the Qury (pronounced “Koo-RAY”) Fire. That fire has burned nearly 9,200 acres and was holding at 70% containment as of Monday.

Between multiple wildfires and routine emergency calls, Schmidt said the pace doesn’t slow down.

“The world does not stop just because there was a fire,” she said. “Life continues. We still have our day jobs that we need to go take care of.”

Another challenge arrives Wednesday, with critical fire danger forecast across the Black Hills and into parts of Wyoming, including Sheridan, Campbell, Crook and Weston counties. Forecast conditions include wind gusts up to 40 mph and humidity as low as 12%.

Schmidt said she believes fire lines are in good shape, but she’s watching the weather closely after recent high-wind events.

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“Saturday night, 50 mile an hour winds — that was multiple days ago, and there’s been a lot of work done since,” she said. “I personally am pretty confident that we’re going to be able to hold this fire through today.”

While spring is typically the region’s wetter season — which can help reduce fire behavior — Schmidt urged residents not to become complacent as wildfire season ramps up.

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