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.

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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.