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US Beef Prices Soar as Supply Hits Historic Low
7/24/2025
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Walmart Stabilizes Beef Supply
- In 2025, U.S. beef prices hit record highs, with ground beef averaging $13.5/kg, a 12% rise from 2024.
- The cattle herd decreased to 86.7 million, the lowest level since 1951, driven by droughts and high feed costs.
- Import restrictions from Mexico and a 50% tariff on Brazilian beef further constrict supply.
- Consumer demand remains robust, showing no significant shift towards alternative proteins despite high prices.
- Walmart's new beef processing plant seeks to stabilize supply and lower costs.
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