Episode Details

Beef prices are skyrocketing this Fourth of July, with ground beef hitting $8.62 a pound and steaks nearing $13 — the second-highest ever. A 75-year low in cattle herds, drought, soaring feed costs, and a lingering ban on Mexican imports are driving the crisis. Yet Americans are still buying — steak’s become an “affordable luxury” as demand surges for premium cuts. A backyard cookout for ten now costs over $73. Chicken and pork are also climbing. The government’s weighing import tariffs and anti-gouging probes, but ranchers warn more imports would hurt their livelihood.

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