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‘Perfect Storm’ of Drought, Demand Sends Beef Prices Soaring Ahead of Independence Day

  • By July 2025, beef costs reached unprecedented levels as drought conditions, inflation, and a decline in cattle herds across the country tightened supply.
  • A decade of drought caused many ranchers, especially in Colorado, to reduce herds, leading to the lowest national beef cow population since the 1960s.
  • In Colorado, two pounds of ground beef cost $14.41, which is one dollar higher than the average price across the country, while pork chops also carry a premium compared to prices elsewhere.
  • Nathan DeLay explained that a decline in the herd size leads to fewer calves entering the market, which causes prices to increase, while Wesley Tucker described the situation as an ideal combination of supply and demand challenges.
  • The high beef prices will likely continue for years as ranchers wait for herds to recover, while consumers face increased costs during peak grilling season.
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terrytribune.com broke the news in Belgrade, United States on Tuesday, July 1, 2025.
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