Zincwarrior
Diamond Member
Beef prices rose 11% in July, driven by drought in the US and tariffs and foreign meat imports, particularly Brazil. Where's the Beef!
Beef prices are spiraling. Meat lovers aren’t deterred — yet.
Drought has squeezed the U.S. cattle supply and pushed up prices. And now consumers have to deal with tariff shock.Red meat prices are skyrocketing in the United States, the world’s largest consumer and producer of beef. Beef and veal prices surged 11.3 percent in July over the year, according to the most recent consumer price index report. That’s nearly four times the price jump of food overall during the same period.
And it’s not just the U.S. where consumer beef prices are reaching record highs this summer.
Avalos said he’s changing his own grocery shopping habits. Along with his wife and two kids, he’ll eat red meat only once a week — or shrink his weekly portions.
“We used to eat meat every single day,” Avalos said. “Now, we get two pounds, and we try to make that last all week. Before, we used to eat that in a sitting.”
One of the drivers of spiking beef costs is a drought that has ravaged U.S. cattle in key meat-producing states since 2022, causing cattle volumes to collapse this year to their lowest recorded levels since 1951. And now, the Trump administration’s tariffs are hitting major beef suppliers such as Brazil — and are set to push prices for American consumers even higher.