Nate Rempe

All right, we're just two days out from Thanksgiving, but forget the turkey because Americans can't get enough of beef.

The U.S.

is the world's largest consumer of red meat, but inflation, tariff pressures, and shrinking cattle herds have sent prices soaring.

Despite this, though, our next guest says that American demand for beef

Remain strong.

I'm pleased to welcome Nate Rempe.

He is the CEO of Omaha Steaks.

Nate, great to have you with us.

And we just had that chart up of beef prices.

Talk us through what you're seeing in your seat when it comes to the cost of your steaks.

Yeah, I mean, the demand is really high and the supply is low.

So my business focuses a lot on the power that we built over 100 years to leverage flash freezing where we can buy in the commodities market when we see little breaks in the market.

build that inventory, and then leverage some of our supply chain, leverage our processes and automations to hold our prices pretty static.

In fact, America is going to be, I think, pleasantly surprised when they come to omahasteaks.com.

They're going to find that our premier gift package, that perfect gift, is going to be $89.99 again this year.

And I told my teams internally, this is one of the

the great moments for Omaha Steaks to really step forward and shine and leverage and flex our muscle that is that vertical integration and that ability to play that commodities market.

But, you know, watching the beef market now has been just fascinating for my seat, seeing what it's doing, particularly in grocery stores across the country.

Well, talking about the beef market more broadly outside of just your business, I mean, when it comes to matching supply and demand, how does the U.S.

necessarily boost supply?