Record Beef Prices Drive Up Memorial Day Cookout Expenses

Reported about 19 hours ago

Beef prices have reached record highs in U.S. grocery stores, with expectations of further increases as the summer grilling season begins with Memorial Day cookouts. The rise in prices is attributed to a decrease in cattle supply due to drought and trade policies, affecting consumers like DeAndrea Chavis who are forced to adjust their meal plans. A cookout for ten is projected to cost around $103, a 4.2% increase from last year, as demand for beef remains high despite the escalating costs.

Source: YAHOO

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