Why beef prices are at record highs
Scripps News · New
Scripps News
New
If beef is a regular staple in your household, you've likely seen the prices creep higher on your grocery bill.
Breakdown
- Reduced beef production and strong consumer demand are driving record-high prices. 9s
- Prolonged drought, high feed costs, and the smallest U.S. cattle herd in 75 years have impacted supply. 48s
- Import restrictions and tariffs on beef from Brazil and Mexico are contributing to higher prices. 1m 46s
- Experts say it could take years for prices to normalize as herds are rebuilt. 2m 21s
- Consumers can save by buying beef in bulk or choosing different cuts. 2m 30s