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Beef Prices

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Screwworm comeback: a dinner-safe scare, but beef prices could rise
health5 days ago

Screwworm comeback: a dinner-safe scare, but beef prices could rise

The New World screwworm has reappeared in the United States and targets living tissue in livestock, but public health officials say it does not threaten food safety—meat is still considered safe thanks to veterinary care and strict inspection; the bigger impact is economic, with potential billions in damage to the southwestern US and potential higher beef prices, since infestations affect livestock health and supply rather than the safety or quality of meat already in the food chain.

via CNN|
#beef-prices#food-safety#health
Beef prices stay high, but demand holds strong for premium steaks
business9 days ago

Beef prices stay high, but demand holds strong for premium steaks

Beef prices remain near record highs due to the smallest U.S. cattle herd in decades, with ground beef up about 13% and steak up 16% from a year ago; yet demand is resilient, highlighted by roughly $352 million higher Fourth of July beef sales and a shift toward premium, quality-labeled cuts. NielsenIQ notes consumers view steak as an affordable luxury and seek quality and sourcing claims, while retailers and restaurants report sustained demand for premium beef. Rebuilding the herd could take years, limiting near-term price relief.

via CNBC|
#beef-prices#business#cattle-herd
Beef giant JBS USA shutters two plants, cutting 2,000 jobs amid rising prices
business21 days ago

Beef giant JBS USA shutters two plants, cutting 2,000 jobs amid rising prices

JBS USA is closing its Philadelphia and Memphis beef plants, eliminating about 2,000 jobs and absorbing the facilities into other operations as part of a broader efficiency and modernization push. The move comes amid rising beef prices and a consolidation strategy, with JBS continuing to account for a large share of U.S. cattle slaughter. Pilgrim’s Pride is also shifting some chicken production to Ellijay, Georgia, investing $75 million and affecting 348 jobs. The closures’ impact on beef supply and pricing remains to be seen, as the company emphasizes long‑term growth and competitiveness in the U.S.

via New York Post|
#beef#beef-prices#business
Texas beef profits squeezed as screwworm returns and costs soar
economy24 days ago

Texas beef profits squeezed as screwworm returns and costs soar

Texas’ beef industry faces a multi-front squeeze: the screwworm outbreak raises containment costs and risk to herds, while drought, wildfires and inflation push up inputs and logistics costs; together with tariffs and a consolidating meat-packing sector, ranchers, processors and barbecue joints are seeing higher costs and shrinking margins even as beef prices remain elevated.

via The Texas Tribune|
#beef-prices#cattle-industry#economy
Screwworm outbreak pressures U.S. beef market and becomes political heat
politics26 days ago

Screwworm outbreak pressures U.S. beef market and becomes political heat

The USDA is preparing a $1 billion-plus program to eradicate screwworms in the United States after the first U.S. case surfaced in Texas, with 12 confirmed cases mostly among cattle. Beef prices are already high amid a drought-depleted herd, and the outbreak could worsen prices. Politically, Trump officials fault the Biden administration and immigration policy for the spread, while Democrats tie funding cuts to the response; if more detections occur, the pest could become a broader political risk for Trump and the GOP.

via Axios|
#beef-prices#gop#politics
politics1 month ago

Beef-Price Bet Faces Flesh-Eating Setback in Texas

A New World screwworm outbreak near the Texas–Mexico border threatens Trump's bid to lower beef prices before the midterms, with potential billions in losses if it spreads. The USDA has quarantines and is releasing sterile flies to curb the pest, but containment is hampered by having only one North American sterile-fly facility (Panama) and a Texas plant not online until 2027. Beef prices are already high (ground beef ~ $7/lb, steak ~ $13/lb), and industry officials warn that the pest could keep costs elevated for farmers and shoppers.

via Politico|
#beef-prices#new-world-screwworm#politics
Texas hit by New World screwworm sparks cattle industry alarm
business1 month ago

Texas hit by New World screwworm sparks cattle industry alarm

USDA confirmed the New World screwworm larvae in Zavala County, Texas, launching an emergency response that will quarantine and treat affected cattle rather than cull them; the discovery follows a public denial by Agriculture Secretary Brooke Rollins and raises fears the pest could move north from Mexico, potentially hurting cattle herds and lifting beef prices, as authorities also deploy emergency treatment shipments, sterile fly releases, and active surveillance for more infestations.

via Axios|
#beef-prices#business#cattle-industry
Texas Calf’s Screwworm Infestation Signals Reemergence of a Livestock Threat
health1 month ago

Texas Calf’s Screwworm Infestation Signals Reemergence of a Livestock Threat

A New World screwworm was found in a three‑week‑old calf in Texas, marking the first animal case in the U.S. since the pest was eradicated in 1966. The larvae can devastate livestock and, if the outbreak spreads, could push beef prices higher amid concerns for the cattle industry. Authorities have quarantined the farm, begun treatment, and plan sterile‑male releases to curb the fly population. Humans can be infected, but such cases are rare; the larger concern is potential livestock losses and broader trade/price impacts if the outbreak grows.

via Al Jazeera|
#beef-prices#cattle#eradication1966
Beef-price surge pushes Texas BBQ legends toward closure
business1 month ago

Beef-price surge pushes Texas BBQ legends toward closure

Beef prices hit a record $9.64 per pound in April, up about 13% year over year, squeezing iconic Texas BBQ joints and forcing closures or drastic changes (e.g., Kirby’s BBQ in Houston). Brisket prices have risen sharply (as high as about $38 per pound for consumers), with other costs pushing shops into survival mode. Industry blame points to inflation, tariffs, and meatpackers who set prices amid a shrinking cattle herd, while regulators investigate meatpackers and policymakers debate tariff responses amid ongoing price pressures.

via Yahoo Finance|
#beef-prices#business#inflation
Brisket Breaks the Bank: Texas BBQ Joints Edge Toward Closure
business1 month ago

Brisket Breaks the Bank: Texas BBQ Joints Edge Toward Closure

Texas barbecue joints across Texas are shutting down as wholesale beef costs spike and inflation crimps margins, forcing higher menu prices that many customers won't bear. Closures include Brett’s BBQ Shop and Kirby’s BBQ, among others, as brisket costs rise to roughly $5–6 per pound wholesale and cooked prices can reach $35–$40 per pound; industry blame points to a shrinking cattle herd, higher feed costs, and consolidation in meatpacking.

via New York Post|
#beef-prices#business#inflation
Beef price surge pushes Texas BBQ legends toward closure
business1 month ago

Beef price surge pushes Texas BBQ legends toward closure

Beef prices in the U.S. have surged to record highs, with April retail beef at about $9.64 per pound (up roughly 13% YoY), squeezing profit margins for Texas BBQ joints that rely on brisket; several famed eateries have closed or warned they’re at risk as costs mount, including higher brisket prices and broader inflation, tariffs, and meatpackers’ pricing. Regulators are probing major meatpackers, while the White House weighs tariff adjustments that could affect beef costs for diners and restaurants.

via Yahoo News Malaysia|
#beef-prices#business#inflation
Meat, Money, and Momentum: RFK Jr.'s Carnivore Conundrum
politics3 months ago

Meat, Money, and Momentum: RFK Jr.'s Carnivore Conundrum

A Defector opinion piece argues that food and politics collide in RFK Jr.’s carnivore stance, criticizing his health/policy messaging and suggesting the Trump era would weaponize food policy (including food stamps) for political gain, while noting rising beef prices, global tensions affecting farming costs, and critiques of Kennedy’s influence on public health discourse.

via Defector|
#beef-prices#carnivore-diet#food-politics