Your Money Minute Beef Prices Still Going Up 8/6/25
Aug 6, 2025
Beef prices are skyrocketing as the U.S. cattle herd shrinks. Ranchers are pivoting to diversify their products in response to these changes. While beef sales decline, fast food menus are increasingly featuring chicken alternatives. This shift reflects evolving consumer preferences amidst rising costs.
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U.S. Cattle Herd Hits 50-Year Low
- U.S. cattle herd is at a 50-plus year low due to past demand and cost shifts.
- Tariffs and rising prices on Australian and Brazilian beef intensify supply issues.
Chicken Boosts Restaurants Amid Beef Rise
- Franchise hamburger chains face flat sales and rising beef costs.
- Chicken menu items are boosting restaurant visits and sales during beef price increases.