Story perspectives

Record Beef Prices Soar: Supply Crisis Hits U.S.

7/15/2025

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Summary

Story summary

U.S. beef prices reached record highs, with ground beef at $6.67 per pound due to supply shortages and rising costs.
The national cattle herd is at its lowest since 1951, affected by droughts and trade disruptions.
Restaurants are adjusting menus and sourcing beef directly to manage expenses.
Walmart launched a beef facility to improve supply and lower prices amid rising feed and labor costs.
Experts forecast high beef prices may persist for 12 to 18 months without supply stabilization.

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Story summary

U.S. beef prices reached record highs, with ground beef at $6.67 per pound due to supply shortages and rising costs.
The national cattle herd is at its lowest since 1951, affected by droughts and trade disruptions.
Restaurants are adjusting menus and sourcing beef directly to manage expenses.
Walmart launched a beef facility to improve supply and lower prices amid rising feed and labor costs.
Experts forecast high beef prices may persist for 12 to 18 months without supply stabilization.