Latest news with #NateRempe
CNN
13-08-2025
- Business
- CNN
Beef prices are at record highs. Omaha Steaks' CEO offers two money-saving tips
A combination of factors, including shrinking cattle herds and sky-high demand, have pushed beef prices to record highs. Omaha Steaks CEO Nate Rempe explains why prices won't fall anytime soon and two ways shoppers can save money on beef.
Yahoo
13-06-2025
- Business
- Yahoo
Omaha Steaks CEO says beef market now facing ‘pressure' tariffs can't fix. Is it time to diversify your diet?
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. As summer grilling season kicks off, Americans may be in for a costly surprise at the meat counter. Beef prices are climbing — and the latest government data confirms it. According to the Consumer Price Index from the Bureau of Labor Statistics, U.S. beef and veal prices have jumped 8.6% over the past year. Ground beef surged 9.9%, beef roasts rose 9.5% and beef steaks were up 6.3%. Omaha Steaks President and CEO Nate Rempe says the problem boils down to supply. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) 'The number of head of cattle in the United States is at a low, really not seen since the 1950s. In fact, it's wild,' Rempe recently told Fox Business. As of Jan. 1, 2025, there were 86.7 million head of cattle and calves on U.S. farms, according to the Department of Agriculture — the lowest count since 1951. With domestic beef demand still strong, Rempe warned that tight supply is 'putting a lot of upward pressure' on prices — and it won't be resolved overnight. 'Supply is a tricky issue. You can't just flip a switch [or] adjust a tariff. We need to rebuild the herd, and that's going to happen over the next roughly 12 months. My guess is by Q3 [20]26 we'll kind of start to come out of this,' he said in the interview with Fox. Beef isn't the only grocery item getting more expensive. The food index from the CPI has surged 26% over the past five years, and the USDA expects food prices to rise another 2.9% in 2025. To be sure, headline inflation has cooled from its 40-year high of 9.1% in June 2022. But the cost of essentials like food and housing remains persistently high. Fortunately, history has shown that savvy investors and consumers can take steps to protect themselves from inflation's impact. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation. This combination makes real estate an attractive option for preserving and growing wealth when the U.S. dollar is losing its value. Over the last five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has surged by more than 50%. Of course, high home prices can make buying a home more challenging, especially with mortgage rates still elevated. And being a landlord isn't exactly hands-off work. Managing tenants, maintenance and repairs can quickly eat into your time (and returns). The good news? You don't need to buy a property outright — or deal with leaky faucets — to invest in real estate today. For accredited investors, Homeshares gives access to the $35 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. If you're not an accredited investor, crowdfunding platforms like Arrived allow you to enter the real estate market for as little as $100. Arrived offers you access to shares of SEC-qualified investments in rental homes and vacation rentals, curated and vetted for their appreciation and income potential. Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. Their flexible investment amounts and simplified process allows accredited and non-accredited investors to take advantage of this inflation-hedging asset class without any extra work on your part. Read more: Rich, young Americans are ditching the stormy stock market — Gold has helped preserve wealth for thousands of years — and it remains just as relevant today, especially in the face of modern inflation. One key reason? Unlike fiat currency, gold can't be created out of thin air by central banks. It's also long been viewed as a classic safe haven. Gold isn't tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors often flock to it — driving prices higher. Over the past 12 months, the price of the precious metal has surged by more than 40%. Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, recently highlighted gold's importance as part of a resilient portfolio. 'People don't have, typically, an adequate amount of gold in their portfolio,' he told CNBC in February. 'When bad times come, gold is a very effective diversifier.' One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Priority Gold. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those looking to help shield their retirement funds against economic uncertainties. When you make a qualifying purchase with Priority Gold, you can receive up to $10,000 in precious metals for free. The steady rise in food prices serves as a powerful reminder: no matter what happens in the economy, people still need to eat. That's why farmland is considered a natural hedge against inflation. As food prices climb, so does the value of the land that produces it. At the same time, farmland is a tangible, income-generating asset that isn't directly tied to the ups and downs of financial markets. According to the USDA, U.S. farmland values have steadily climbed over the past few decades, driven by increasing demand for food and limited supply of arable land. These days, you don't need to buy an entire farm or know how to grow crops to get in on the opportunity. FarmTogether is an all-in-one investment platform that lets qualified investors buy stakes in U.S. farmland. The platform identifies high-potential agricultural properties and then partners with experienced local operators to manage the land effectively. Depending on the type of stake you want, you can potentially get a cut from both the leasing fees and crop sales. Then, years down the line, you can benefit from appreciation and profit from its sale. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Millions of Americans now sit on a stunning $35 trillion in home equity — here's 1 new way to invest in responsible US homeowners This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
04-06-2025
- Business
- New York Post
Relief could be coming to lower high meat prices across US: expert
Meat prices remain higher across the country, with staples like steak, chicken, and ground beef still costing significantly more than they did a year ago. But one industry leader believes relief could be coming for shoppers, though not immediately. 'The number of head of cattle in the United States is at a low really not seen since the 1950s,' said Nate Rempe, president and CEO of Omaha Steaks, on 'Mornings with Maria.' 'That supply pressure is really putting a lot of upward pressure on price, especially as demand is still so strong in the U.S.' According to the Bureau of Labor Statistics, meat prices have increased year-over-year with steak up 7%, ground beef 10%, chicken nearly 3%, and ham over 4%. Rempe believes the issue goes beyond tariffs and trade policy. 'Supply is a tricky issue. You can't just flip a switch, adjust a tariff,' he said. 'We need to rebuild the herd. And that's [going to] happen over the next roughly 12 months.' The American cattle herd hit historic lows this year, according to the U.S. Department of Agriculture. The latest USDA report shows a multi-year pattern of decline in the number of cows and heifers. At the same time, new tariffs imposed by the Trump administration are complicating the market. 3 The U.S. imports a large amount of meat from Canada and Mexico, two countries affected by recent trade changes. AFP via Getty Images The U.S. imports a large amount of meat from Canada and Mexico, two countries affected by recent trade changes. Despite the uncertainty, Rempe predicts the market may begin to stabilize next year as ranchers focus on growing herds. 'My guess is by Q3 26, we'll kind of start to come out of this,' he said. While acknowledging the short-term strain of tariffs, Rempe also expressed support for efforts to renegotiate trade deals. 3 Meat prices have increased year-over-year with steak up 7%, ground beef 10%, chicken nearly 3%, and ham over 4%. Mornings with Maria / Fox News 'I like exports. I like what it does for the industry and for the country,' he said. 'Foreign buyers tend to pay more for beef. That's good for meat packers and for ranchers… but we do have to balance.' The beef cattle industry supports over a million jobs, Rempe noted, but warned that supply must catch up with demand. 'America loves beef, and you know that's something I definitely love,' he said. 'But we have to have the supply to do that, and we've got some work to do.' Fifth-generation cattle rancher Steve Lucie echoed Rempe's sentiment earlier this year. Speaking on 'America Reports,' Lucie encouraged ranchers to 'remain calm' amid market uncertainty. 'We've been through so many ups and downs in our country, and especially in my industry,' he said. 'Farmers and ranchers every day, we deal with commodity price fluctuation. So, this doesn't bother us.' 3 The latest USDA report shows a multi-year pattern of decline in the number of cows and heifers. Christopher Sadowski Though he acknowledged the tariffs might bring short-term pain, Lucie believes they're a step toward creating a more level playing field for the industry. 'I don't think any of us know what's [going to] happen with these tariffs,' he said. 'But what we do know for a fact is that the American beef industry has been on the short end for a long time.'
Newsweek
08-05-2025
- Health
- Newsweek
How This 109-Year-Old Company Leverages Mental Well-being to Attract Gen Z
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. It is officially the fifth month of the year. The month of freshly bloomed flowers, calling your mom and honoring those who have died while serving in the military. May is also Mental Health Awareness Month—an observance many companies often mark by promoting mental health initiatives to their employees. But that's not really in Omaha Steaks' style. At the Nebraska-based meat-delivery company, employees' mental well-being involves an around-the-clock approach. In January, the company focuses those efforts on burnout. In February, the conversation circles around substance abuse. In March, it's parenting, and in April, it's about financial stress. And in May, Omaha Steaks encourages its employees to reflect on trauma. The rotation goes on. The monthly topic for June is loneliness. July is depression. August grief, September suicide prevention, October stress, November anxiety and December anger—a full calendar year of mental health topics. "Mental wellness and mental well-being is just as important, if not arguably more important, than physical well-being," Nate Rempe, the president and CEO of Omaha Steaks, told Newsweek. For the second year in a row, Omaha Steaks appeared on Newsweek's ranking of America's Greatest Workplaces for Mental Well-being 2025, achieving 4.5 stars this year. The company received 4 stars last year. The list, published in partnership with data firm Plant-A, was determined through an assessment of publicly accessible data, interviews with human resource professionals and large-scale confidential online surveys conducted among employees. The study incorporated more than 400,000 employee interviews and over 4.9 million comprehensive company reviews. Plant-A's research found that 81 percent of employees believe mental well-being is important or very important to their overall job satisfaction. Companies that scored well on mental health were also more likely to be recommended to others. Omaha Steaks' 12 Months of Mental Wellbeing Omaha Steaks' 12 Months of Mental Wellbeing Photo-illustration by Newsweek/Getty When it comes to wellness, Rempe said most of the conversation remains focused on physical health: We're constantly being reminded to get enough sleep, exercise, follow a healthy diet, take our vitamins, schedule routine visits with our doctors and so on. But what we're not considering, Rempe said, is the "compounding effect" that many Americans feel due to increasing levels of pressure, adversity, fatigue and anxiety—both in their personal and professional lives. "If employers don't take [mental health] serious and help their team members get the well-being resources they need... puzzle pieces start to miss, and the performance of teams start to degrade," he told Newsweek. As part of Omaha Steaks' effort to provide mental health resources to its employees, the company recently increased the number of Employee Assistance Program (EAP) visits—which include free and confidential assessments, short-term counseling, referrals and follow-up services to enhance employee well-being—from five to eight sessions a month. Since upping the number of EAP visits in 2024, the company has reported a 170 percent increase in sessions used. Rempe said these resources have also resulted in stronger retention rates and reports of higher resilience, job satisfaction and happiness in the workplace. "We spend more time at work than we spend time with our family," he said. "Employers need to recognize that to have robust, dedicated, bought-in, vested team members, the company needs to provide a space where they can feel happy and healthy." Nowhere is the concept understood as deeply as Omaha Steaks, a company that has been passed down through five generations of the Simon family over 109 years. However, much like America's definition of "family" has changed, so has the company's. In 2020, Rempe, who jokes that he's an adopted Simon, became the first person outside the Simon family to serve as the company's president. When Rempe ascended into his current role, he was on a mission to focus on themes "you might say were associated with this next generation of CEOs in America." Those include leadership, connection and transparency—values he said are necessary for corporate leaders to connect with a younger workforce. "These are the things [Gen Z workers] value, and we've invested significant time and money in making those things important," he said. "It doesn't really matter so much what the job is, what matters more is the culture that surrounds the job." Rempe said every job can be exciting, but what differentiates workplaces for younger Americans is a company "that believes team members can do more than they think they can," one that can "elevate them and inspire them." That's precisely what he believes drives "Gen Z to want to work at Omaha Steaks." Omaha Steaks also appeared on Newsweek's ranking of America's Greatest Workplaces for Gen Z 2025. The company received five stars, the highest available ranking. The list was published Tuesday in partnership with Plant-A. Nate Rempe, the CEO and president of Omaha Steaks, is the first person outside of the Simon family to lead the company since the Nebraska-based business began more than 100 years ago. Nate Rempe, the CEO and president of Omaha Steaks, is the first person outside of the Simon family to lead the company since the Nebraska-based business began more than 100 years ago. Omaha Steaks "Employers that offer mental health services are not only providing an immensely valuable benefit to Gen Z, they are also benefiting the employer through greater Gen Z engagement and retention," Jason Dorsey, a Gen Z researcher and generational expert at the Center for Generational Kinetics (CGK), told Newsweek. Research conducted at CGK, an Austin, Texas-based firm that provides generational insights to business leaders, shows that mental health work policies are extremely important to Gen Z employees. In their 2025 State of Gen Z national study, CGK found that nearly three-quarters, 73 percent, of Gen Z believe there to be a mental health crisis in today's workforce. "We consistently see that Gen Z values mental health work policies more than any other generation in the workforce today," Dorsey said. "We expect this trend to grow in importance as Gen Z becomes a larger part of the workforce every day." As part of an effort to appeal to a younger workforce, Rempe has become a familiar face on Omaha Steak's TikTok account, which boasts 22.3K followers. "I did a challenge where I tried to eat six of [our new smash burgers]," Rempe laughed. "That's super fun. A food company is a total blast to work at—and that's not to say that we don't have challenges like every other business, but again—having a healthy workforce and a culture that cares about people is what America's businesses need to attract and retain talent in the future, no matter where you are in the country." Rempe said it's not enough for employers to just provide services where employees can see an outside professional. They also need to support those initiatives with internal resources. At Omaha Steaks, those supporting components include "lunch and learns" that seek to socialize and normalize discussions about mental health. Plant-A's data shows that only 65 percent of U.S. employees feel comfortable discussing mental health concerns with their managers. Discomfort in discussing mental health in the workplace is particularly low among women and young adults. Omaha Steaks' webinars also make a concerted effort to address the anxieties and stresses specifically experienced by younger employees who might be having kids for the first time and learning to juggle working with less sleep or more financial obligations. But the real key to a company's mental well-being policy is to practice what you preach. Rempe recognized that in order to create a workplace that values mental health, he and other leaders at Omaha Steaks need to lead by example. When he sends emails on the weekends, he makes a point to note that while he chooses to do that on his own time, there's no pressure for his staff to do the same and respond outside their working hours. He said Omaha Steaks encourages team members to take time off and have succession plans to avoid feeling paralyzed by the thought of leaving their desks. "It is certainly a comprehensive approach that doesn't just require awareness and resources, but also requires modeling from leadership," Rempe said. "That's something that I think every company should be thinking about. "As a leader, the behaviors that you exhibit set a standard and an expectation in the culture in which you operate."
