1 of 1
Story summary
- In December 2025, Halls Chophouse raised its eight-ounce filet mignon from $57 to $61, citing a 'code red' cost rise.
- Boneless steak price rose 20% to an average $14.13 per pound, driven by a cattle inventory decline since 1951.
- U.S. President Donald Trump urged cattle ranchers to lower prices and credited tariffs on Brazilian beef.
- He announced a $12 billion aid plan for farmers affected by trade disruptions.
