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Beef Prices Are the New Egg Prices. They’re Soaring

UNITED STATES, JUL 21 – Beef prices in the U.S. have surged nearly 9% since January, driven by the smallest cattle herds in 74 years and import restrictions including a suspension from Mexico, experts say.

  • The cost of ground beef has reached a record high of $6.12 in June 2025, increasing by 12 percent from June 2024 to June 2025, according to federal government data released this month.
  • President Donald Trump's goal to reduce grocery prices faces setbacks as beef prices soar due to shrinking herds and drought conditions.
  • The American Farm Bureau Federation reports that cattle herd sizes are at their lowest levels in 74 years, negatively impacting ranch profitability.
  • Drought conditions have increased feed costs, forcing farmers to rely on more expensive feed for cattle, according to the American Farm Bureau Federation.
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Lean Left

The price of beef on the tablets has jumped by almost 9% in the United States since January.

·Montreal, Canada
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Anyone firing up the grill this summer already knows that burgers and steaks are expensive, but the latest figures show prices have reached all-time highs.

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WV News broke the news in on Monday, July 21, 2025.
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