Beef Prices Soar, Government Seeks Solutions
Update: 2025-12-18
Description
Beef prices surge, reaching record highs, despite government efforts to control costs. Ground beef now averages $6.78 per pound, a 15% increase from last year. Steak prices also rise, now at $12.28 per pound. The administration investigates potential price-fixing and removes tariffs on Brazilian beef to increase imports. The USDA supports ranchers and forecasts increased foreign shipments. Restaurant chains, like Darden Restaurants, face challenges due to prolonged elevated beef costs.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
