First Squawk(@FirstSquawk):GROUND BEEF PRICES HIT RECORD HIGH IN AUGUST, DEALING FRESH BLOW TO TRUMP’S AFFORDABILITY PUSH AHEAD OF MIDTERMS Ground beef averaged $7.158/lb in August, up 0.6% from July and 7.9% YoY, marking a new record high. The move underscores the difficulty of bringing meat prices down before the November midterm elections, despite the Trump administration’s efforts to boost imports and ease tariffs.

First Squawk

@FirstSquawk

Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics

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First Squawk@FirstSquawk

2026.09.12 04:17

GROUND BEEF PRICES HIT RECORD HIGH IN AUGUST, DEALING FRESH BLOW TO TRUMP’S AFFORDABILITY PUSH AHEAD OF MIDTERMS Ground beef averaged $7.158/lb in August, up 0.6% from July and 7.9% YoY, marking a new record high. The move underscores the difficulty of bringing meat prices down before the November midterm elections, despite the Trump administration’s efforts to boost imports and ease tariffs.