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Beef Prices Surge 50% Amid Drought and Demand

9/26/2025

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Story summary
  • Beef prices in the United States have risen over 50% since 2020.
  • Production is projected to fall 4% this year due to shrinking herds.
  • National beef sales rose 6.3% as demand remained strong.
  • Drought, higher feed costs, and tariffs tighten supply, and beef prices are expected to stay elevated through late 2027, with some local farmers noting cheaper direct purchases.