Why Beef Prices Are at a 70-Year High: UGA Economist Explains the Surge
23Beef prices in the U.S. have reached their highest levels in 70 years — up 15% compared to last year — outpacing pork, chicken, and even overall inflation. In this Farm Monitor report, we travel to Athens, Georgia, to speak with UGA Extension Livestock Economist Dr. Will Secor, who breaks down the numbers and explains what’s driving the surge.
From declining cattle inventory and rising input costs to supply chain pressures across the board, Dr. Secor offers valuable insight into what this means for both producers and consumers — and how long these high prices may stick around.
👨🌾 Whether you're in the cattle business or just shopping for steak, you’ll want to hear how this historic trend could affect your wallet and what producers can do to stay profitable.