Here’s why beef prices are at record high

Here’s why beef prices are at record high

At the New York burger restaurant Au Cheval, the “classic” double cheeseburger goes for $25.99. In Omaha, Everett’s offers a mushroom Swiss burger for $12.25. In Los Angeles, the double-double combo at some In-N-Out locations runs as high as $11.44. These prices reflect a harsh reality for fans of one of America’s favorite meals: the cost of beef is at an all-time high. The average retail price for a pound of ground beef in May was $5.98, accord…

Lean hog futures dip as beef prices surge on import halt

Lean hog futures dip as beef prices surge on import halt - CME Cattle futures hit highs as USDA halts Mexico imports