Beef: It's What's for Dinner — If You Can Afford It

Just as egg prices come down, the cost of beef has risen sharply over the past year to reach all-time highs in 2025. Here's a look at why beef is the latest item driving grocery bills higher. 

The Details: The average price for a pound of ground beef climbed to $6.12 in June, up nearly 12% from a year ago and marking the first time ground beef has climbed above $6 per pound since recordkeeping began. Steaks averaged $11.49 per pound, also up by around 8% to 12% depending on the cut. 

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Where's The Beef? 

Some of the key drivers for soaring beef prices are shrinking cattle herds, ...