Where’s the beef? Republicans better bring down costs before July 4
America is experiencing a beef shortage that is driving up grocery prices just as the summer grilling season begins. Ground beef prices have reached record highs, significantly impacting affordability for consumers. Experts suggest that addressing supply chain issues and considering tariff suspensions could help alleviate the situation.
- ▪Ground beef prices are approaching $7 per pound, nearly 15% higher than last year.
- ▪The U.S. cattle head count is at its lowest since 1951, exacerbating the supply issue.
- ▪Drought and supply chain disruptions have contributed to the cattle shortage.
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There’s a beef shortage in America, and it’s driving up prices at the grocery store for burgers and steaks just as the summer outdoor grilling season gets started. This isn’t helping fight the affordability crisis, so what can be done to make those cheeseburgers less expensive? Ground beef prices hit record highs this year, with average prices approaching $7 per pound nationally. That’s almost 15% higher than consumers paid last year and more than 50% higher than five years ago. Beef and veal prices continue to increase in a way that far outpaces wages.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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