Ground beef prices could hit $10 a pound, Omaha Steaks CEO warns

Trump official addresses report that ground beef is headed to $10 per pound

Treasury Secretary Scott Bessent blamed the soaring beef prices on a "perfect storm" of problems inherited from the Biden administration as well — as the spread of a horrifying parasite from Mexico.

Treasury Secretary Scott Bessent Warns of ‘Perfect Storm’ Behind Ground Beef Possibly Soaring to $10 a Pound - Real News Now

Treasury Secretary Scott Bessent on Sunday sounded the alarm over skyrocketing food prices, pointing to a “perfect storm” of inherited problems and new agricultural threats that could push ground beef to $10 a pound by next fall. Appearing on Fox News’ Sunday Morning Futures, Bessent responded to dire warnings from Omaha Steaks CEO Nate Rempe, who predicted that ground beef could spike by nearly 60% within a year and remain elevated through 2027…

Ground beef prices could hit $10 a pound, Omaha Steaks CEO warns

The U.S. beef industry may see record-high prices by next year.

Omaha Steaks boss warns beef price won't come down until 2027

The Bureau of Labor Statistics' Consumer Price Index shows that the cost of beef and veal in the United States has increased by 8.6%

Omaha Steaks CEO warns American families will soon face '$10-a-pound reality' for beef

America’s beef bills are set to keep climbing, according to Omaha Steaks President and CEO Nate Rempe, who cautioned that the nation’s shrinking cattle supply and record demand are driving a "$10-a-pound reality" that could stretch family budgets for years."Look, domestically, we need to get our arms around it. Last time we got together, we talked about how the herd is at a 70-year low, demand is at an all-time high and the net result is prices …