Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years

foxbusiness.com/economy/beef-prices-hit-record-highs-nationwide-cattle-inventory-drops-lowest-level-70-years

Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for steak and ground beef.
The Bureau of Labor Statistics' consumer price index report for August showed a surge in beef…

This story appeared on foxbusiness.com, 2025-10-01 18:22:58.
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