Cow meat prices in the United States rise to record levels, with consumer demand remains strong

Cow meat prices in the United States continue to reach record levels, but the demand for popularity The main barbecue summer It is still strong – which causes shoppers, farmers and restaurants to adapt.

The cost of a pound of minced meat is $ 6.67 before July 4 The weekend, according to the US Farm Office (AFBF), marks the highest price of the group meat ever recorded.

Nearly 70 cents increased from May, when the work statistics office informed that it increased by 16 % from the previous year and about 50 % of five years.

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“The main factors for the high prices of beef this year are driven by supply, demand and financial elements such as high interest rates,” said Paul Savag, the director of the expected goods at the Chicago -based Arrowstream, which provides supply chain technology. To restaurants.

The main driver behind high prices is the decrease in the number of cows.

The national herd has decreased to 86.7 million heads, the lowest level since 1951, according to AFBF.

The prolonged drought has been destroyed in the states of livestock such as Texas, Kondas, and Nebraska, grazing pastures, forcing many farmers to execute their herds.

At the same time, the increasing definitions and continuous commercial disturbances have made livestock production more expensive.

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In addition, cases New world worm – A parasitic fly that abandoned and feeds on the body of livestock – stopped imports from Mexico to the United States, although the US Department of Agriculture (US Department of Agriculture) said that some ports can reopen them soon.

The United States gets most of the livestock imports from Mexico and Canada.

“The increasing cost of Earth meat is an ideal example of how global trade dynamics and local supply restrictions collide,” said Robert Khatcatrian, founder and CEO of Fox News Digital.

“The transportation of livestock, which often includes multiple moves across the country between birth, food and treatment, has become more expensive due to fuel fluctuations and the driver’s continuous lack of the shipping sector,” Khattarian said.

“From the farm to the processor to storing the shelf, each leg is more expensive, and this cumulative pressure appears directly on the price.”

The US Department of Agriculture predicts that livestock prices will remain high until 2026, which means that the prices of cow meat most likely will not decrease for several years. However, the Americans remain The second favorite meat optionAccording to the US Department of Agriculture, approximately 57 of them are consumed per person annually.

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While factors such as population growth, and the benefits of recently expanded food aid High protein food meals They contribute to a slightly high demand, and consumption has not preceded significantly.

“We produce almost the same amount of beef that we did in 2015, but, given the high population, the width is narrow,” Savag said.

The US population reached 340.1 million in July 2024, an increase of 336.8 million from the previous year, which represents the highest increase on an annual basis since 2001, according to the American Statistical Office.

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“Low interest rates (farmers) are likely to help the recently announced changes to Snap will help reduce prices,” he said. “But that will not happen overnight.”

Meanwhile, the United States imports more beef from Australia, New Zealand and Brazil, Savage said, and cow meat exports are limited to other countries to help stabilize the offer. Farmers also grow larger animals to make up for lower livestock harvesting.

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“Liven weights are actually at the highest level this year,” he said.

As for 130,000 Arrowsteam services, many of them exchange expensive meat slices for value -friendly options and Change menu recipes To include less expensive proteins, he said.

Savage said that shoppers are looking for more cuts at reasonable prices such as Chuck, the smell and upper seafre cycle, although it has increased their prices more than distinct options such as meat slices.

Some grocery store chains tend to a mixture of beef, pork and products that focus on chicken and seasonal promotional offers to direct shoppers towards the most affordable proteins, according to Khatchaian.

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The cost of others Meat options, including chicken, It was more stable.

The price of pork slices has seen the lowest decrease, with an average price of $ 14.13 for three pounds – less than 9 % than 2024, according to AFBF.