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Record Beef Prices Raise Memorial Day Cookout Costs

  • Beef prices in the U.S. Reached record highs in April 2025, with ground chuck costing $6 per pound amid rising demand and tight supply.
  • The price surge results from drought-driven reductions in grazing land, a 74-year low in cattle herds, and increased costs for feed, land, and financing.
  • Consumers respond by buying cheaper beef cuts like top sirloin and reducing portion sizes, while some ranchers sell non-pregnant cows to manage expenses.
  • Rabobank reports that hosting a holiday barbecue for a group of 10 now costs approximately $103, marking a 4.2% increase from the previous year, driven in part by a 6.4% rise in hamburger prices.
  • The USDA’s block on Mexican cattle imports due to screwworm may further restrict supply and increase beef prices, intensifying cost pressures through the grilling season.
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Record beef prices raise Memorial Day cookout costs

·United Kingdom
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CBS News broke the news in on Friday, May 23, 2025.
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