Memorial Day Barbecue Costs Rise as Ground Beef Prices Increase 20 Percent
Ground beef prices have risen 20 percent compared with last year, increasing the cost of typical Memorial Day cookouts. Shoppers are turning to lower-cost cuts and alternative proteins to manage spending.
marketwatch.comGround beef prices have increased 20 percent this year, raising the cost of Memorial Day barbecues for many households. Shoppers are responding by selecting lower-priced cuts and alternative proteins. Retailers report higher sales of chicken, pork, and plant-based options.
Price Trends Data from the U.S.
49 per pound in recent weeks. 58 per pound. The increase reflects higher feed costs and processing expenses reported by meat suppliers.
Consumers are buying smaller package sizes and comparing unit prices across stores. Some households are planning fewer meat-based dishes and adding more side dishes to stretch supplies. Retailers have expanded promotions on non-beef proteins and value packs to meet shifting demand.
Key Facts
Potential Impact
- 01
Households may purchase smaller quantities of ground beef for holiday meals.
- 02
Retailers may increase promotions on chicken and plant-based proteins.
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