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Beef prices soar to all-time high (www.newsweek.com)

submitted 1 year ago by MicroWave@lemmy.world to c/politics@lemmy.world

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Beef prices surged to an all-time high in July as the market grappled with consistently strong demand and long-term issues in domestic production.

According to the latest consumer price index, which the Bureau of Labor Statistics published on Tuesday, the beef and veal index rose by 2.5% in July, compared to 0.2% for the broader food category. This capped an 11.3% increase over the past 12 months.

Meanwhile, the price of ground beef and uncooked beef steaks has risen by 11.5% and 12.4%, respectively, both now at record levels.

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[-] quick_snail@feddit.nl 12 points 1 year ago

Drives me crazy that "beans" isn't listed on the "protein" section of restaurants.

this post was submitted on 18 Aug 2025

347 points (98.9% liked)

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