Ground Beef Prices Soar as U.S. Cattle Supply Shrinks
U.S. ground beef prices have climbed sharply, driven by a shrinking national cattle supply and other persistent pressures. In June, retail prices ticked above $6 per pound in many markets, marking one of the highest levels in recent history. Several interrelated factors contribute to the tightened supply. Prolonged drought across key ranching regions reduced available … Read more