---
title: "Ground beef prices hit record high as supply tightens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293137830.md"
description: "U.S. ground beef prices hit a record high of $6.90 per pound, with steaks averaging $13.02, driven by a 75-year-low cattle herd, high feed costs, Mexican import bans, and labor shortages. While Costco tenderloin rose 37.5%, other cuts like New York strips saw price declines."
datetime: "2026-07-19T23:49:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293137830.md)
  - [en](https://longbridge.com/en/news/293137830.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293137830.md)
generator: "portal-rs"
---

# Ground beef prices hit record high as supply tightens

Historic beef prices: Ground beef hit $6.90 per pound, the highest on record, while steaks average $13.02 per pound, both sharply up since 2020. Costco price patterns: Tenderloin at Costco rose 37.5%, but many cuts held steady or fell, such as whole New York strip down $3. Supply crunch factors: A 75-year-low cattle herd, high feed costs, import bans from Mexico, and labor shortages are tightening U.S. beef supply.

### Related Stocks

- [COST.US](https://longbridge.com/en/quote/COST.US.md)
- [COTG.US](https://longbridge.com/en/quote/COTG.US.md)
- [COSW.US](https://longbridge.com/en/quote/COSW.US.md)

## Related News & Research

- [What Could Costco Wholesale (COST) Investors Learn From The Expanded DOJ Beef Probe?](https://longbridge.com/en/news/298082455.md)
- [Jim Cramer Puts Costco Stock (COST) in the 'Penalty Box.' Here's Why](https://longbridge.com/en/news/298059430.md)
- [4,693 Shares in Costco Wholesale Corporation $COST Acquired by Blodgett Wealth Advisors LLC](https://longbridge.com/en/news/298126369.md)
- [Costco's Sales Jump 10% to $297B in Fiscal 2026 — Is COST Stock Still a Buy?](https://longbridge.com/en/news/297898944.md)
- [Where’s the beef? Inside the cattle crunch making your Labor Day BBQ more expensive.](https://longbridge.com/en/news/298021295.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**