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Record U.S. Beef Prices Surge Amid Shrinking Cattle Herd

8/14/2025

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Story summary
  • U.S. beef prices hit record highs, driven by the smallest cattle herd since 1951, totaling around 87 million.
  • Ground beef now averages over $6 per pound, reflecting a 12% increase from last year.
  • Restaurants struggle to source affordable meat, prompting potential menu price hikes.
  • Experts warn that consumer relief may take years as the cattle herd rebuilds.