business
U.S. Steak Prices Hit Record Highs as Cattle Herd Shrinks
U.S. steak prices reached record levels with ground beef at $8.62 per pound. Holiday beef sales rose $352 million year over year even as prices climbed. The national cattle herd stands at its smallest size in decades.
FI
en.antaranews.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
U.S. steak prices have reached record highs as the nation's cattle herd has shrunk to its smallest size in decades. Ground beef prices hit a record $8.62 per pound, up 13 percent from a year earlier, @FirstSquawk reported.
Steak prices surged 16 percent over the same period. Consumer demand for beef has remained resilient. Fourth of July beef sales rose by about $352 million compared with the previous year, according to NielsenIQ.
The estimated cost of a summer barbecue for 10 people will rise by 2.
Transparency
How sources framed this
FI
FI
These outlets didn't split into competing frames — coverage was uniform.
CorroborationModerate · 2 sources
