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Beef prices are on the rise, hitting $9.26 per pound as of June. 🥩
Yahoo Finance·2025-08-04 01:30

Move over eggs. Beef is the new highly inflated grocery store item on the shelves. Prices have increased over 8% so far this year, hitting $926 per pound.What we saw was a drought two or three years ago. Low prices really hurt their performance in terms of their profitability. And today they're just short cattle and it's going to take two or three years to fix the problem.We used to be kind of a net neutral for exporting importing beef. Right now we're 8% of our supply is coming from overseas. That's not no ...