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Economists at the American Farm Bureau Federation's Market Intel analyzed retail meat prices ahead of Memorial Day. USDA data show the national average retail price of all-fresh beef hit a record $9.64 per pound in April, up about 13% year over year.
The report attributes the gain to the smallest US cattle supply in 75 years.
Tight cattle inventories keep beef retail prices at records, supporting live cattle values while pushing consumers toward pork and chicken.
meatpoultry.comRachael OatmanMay 22, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
