The Kobeissi Letter(@KobeissiLetter):BREAKING: The average price of ground beef in the US is now up to a record $6.90 per pound. On a non-seasonally adjusted basis, ground beef prices have exceeded $7.00 per pound for the first time in history. Prices have surged +77% since January 2020, when they stood at $3.89 per pound. Furthermore, the average price of uncooked beef steaks is up to a record $13.02 per pound, surging +70% since January 2020. Ground beef prices have now DOUBLED since 2013. Food inflation is running hotter than ever.

The Kobeissi Letter

@KobeissiLetter

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The Kobeissi Letter@KobeissiLetter

2026.05.14 19:15

BREAKING: The average price of ground beef in the US is now up to a record $6.90 per pound. On a non-seasonally adjusted basis, ground beef prices have exceeded $7.00 per pound for the first time in history. Prices have surged +77% since January 2020, when they stood at $3.89 per pound. Furthermore, the average price of uncooked beef steaks is up to a record $13.02 per pound, surging +70% since January 2020. Ground beef prices have now DOUBLED since 2013. Food inflation is running hotter than ever.