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.
64 Articles
64 Articles
Why Your Steak Costs More This Summer: Beef Prices Hit Record Highs With No Relief In Sight
Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much relief soon either. The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound. But this is…
Beef prices soar to record highs in the U.S.
Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much relief soon either. The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound. But this is…
The price of beef on the tablets has jumped by almost 9% in the United States since January.
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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