Beef Prices at All-Time High: Why Summer Grilling Costs a Lot More This Year
This year’s Labor Day barbecue won’t be cheap.
Supply constraints and high demand have driven up the cost of beef, with 100% ground beef prices in June surpassing $6 per pound for the first time since data collection started in the 1980s, according to the Labor Department.
While costs may dip slightly once grilling season ends, experts say significant price relief could be years away.
“If we’re thinking about seeing prices lower than we saw last year...
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