Beef prices hit a new record high, and tariffs have nothing to do with it

CINCINNATI — While the latest inflation numbers show overall price increases slowing down, that’s not the case in the beef aisle this summer.

Beef prices continue to climb, reaching record highs and putting pressure on consumers’ wallets.

The government reports prices have increased 11% over the past year, far above the 2.7% inflation rate, with ground beef now averaging a record $6.99 a pound…

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