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Beef Prices

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Beef-price surge pushes Texas BBQ legends toward closure
business6 hours 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
business11 hours 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
business14 hours 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
politics1 month 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
Trump Demands Investigation into Foreign-Owned Meat Packers Over Beef Price Inflation
business6 months ago

Trump Demands Investigation into Foreign-Owned Meat Packers Over Beef Price Inflation

President Trump accused foreign-owned meat packers of inflating US beef prices and called for a Department of Justice investigation, citing concerns over market manipulation amid record-high beef prices driven by drought, demand, and tariffs, though experts and industry groups dispute these claims and suggest no evidence of collusion.

via AP News|
#antitrust-investigation#beef-prices#business
U.S. Cattle Producers Criticize Trump’s Argentine Beef Import Plan
business7 months ago

U.S. Cattle Producers Criticize Trump’s Argentine Beef Import Plan

U.S. ranchers are feeling betrayed by President Trump's plan to import more beef from Argentina, which they believe could hurt domestic prices and industry, despite the administration's efforts to support local cattle farmers amid record-high beef prices and low cattle inventories. The move has sparked opposition from agricultural groups and concerns about market control and supply sufficiency.

via NPR|
#argentina-beef#beef-prices#business
Trump's Argentine Beef Deal Sparks U.S. Farmer Outrage
politics7 months ago

Trump's Argentine Beef Deal Sparks U.S. Farmer Outrage

President Trump faces criticism from US cattle ranchers over plans to increase low-tariff beef imports from Argentina, which they see as a betrayal amid record beef prices and ongoing trade tensions. The move, supported by the White House as a way to lower consumer prices, has sparked concerns about harming American farmers and the domestic beef industry, which is already strained by drought, pests, and trade policies.

via CNN|
#argentina-beef#beef-prices#politics