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Beef Prices Soar Amid Drought and High Demand

3/21/2026

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Story summary
  • Beef prices in the United States have surged due to reduced cattle herds, drought, and high demand.
  • The average ground beef price is about $6.90 per pound.
  • Walmart lists ground beef at $5.52 per pound and ribeye at $14.87.
  • Aldi offers cheaper options.
  • Sam’s Club and Costco offer bulk prices, with brisket at $4.98 and ground beef at $6.80 per pound.