Beef Prices Hit Record High: Tariffs, Politics, and Consumer Impact
Beef prices have reached record highs, with ground beef and uncooked beef steaks experiencing significant increases. This surge is attributed to strong consumer demand and declining domestic cattle herds. Experts predict it could be years before prices return to normal levels due to the time required to rebuild herds and potential impacts of import tariffs. Furthermore, increased reliance on imports to offset domestic supply issues is now threatened by newly imposed tariffs, potentially exacerbating the situation.
John Q. Hosedrinker