Steaks and hamburger patties are already expensive, but now the price of beef is reaching record highs. Ground beef is up ...

The cost of ground beef is the highest it's ever been, at $6 a pound, according to the USDA. Meanwhile, the average price of ...

According to the Bureau of Labor Statistics, ground beef is currently priced at $6.12 per pound, representing an 11.84% ...

Industry experts say the increase in prices is reflective of a long-term problem – drought conditions across the country have ...

Prices of burgers may not rise as much as higher-end cuts like steak however, he maintained. Burger patties are usually made of ground beef, which comprise a mix of cheaper cuts of meat.

Wolf said rising labor costs often are reflected in the price of menu items. “We used to be looking at someone who made $12, $13 an hour, now they are asking $18, $19, $20 an hour, and they are ...

Anyone firing up the grill this summer already knows hamburgers and steaks are expensive, but the latest numbers show prices ...

Beef prices will probably continue to escalate, the U.S. Department of Agriculture says. The department's April 2025 outlook predicts beef and veal costs could jump 6.3% or more in 2025.

The cost of beef reached $5.98 per pound in May, according to Federal Reserve data — the highest since the Department of Labor started tracking beef prices in the 1980s. That rise hasn't come ...

Prices for ground beef, up more than 20% since 2020, could hit record highs this summer during peak grilling season. Asa Featherstone, IV for The Wall Street Journal Average U.S. meat prices, per ...

But, not rising nearly the same way that consumer beef prices are.Farmers across the country, and in Iowa, are preparing for yet another winter caring for cattle.

Live cattle refer to cows that have been fattened at feedlots to a suitable heft for slaughter. August futures, the most actively traded, traded at $1.72 a pound, topping the high of $1.71 set in ...