Beef Prices Hitting Record Highs

Summer's here

Beef prices are hitting record highs just as the summer grilling season begins.

Steak averages $4.81 a pound at the store and ground beef $3.51 -- historically high numbers, according to economists.

Comments

[Rasilio]

Where the hell are you getting steak for under $5 a lb?

I mean I occasionally see it on sale for that but in average prices have averaged well north of $5 a lb for every cut but Round for the last few years and even Round Steak is pushing up towards $5 a lb now.

[garand555]

Yeah, no kidding. And a good Ribeye will be upwards of $10/lb where I am.