Ready for kitchen opulence beyond the usual grocery list? The realm of very expensive dining has arrived, holding ingredients ...

Consumer price index data show that beef and veal prices were 8.5% higher in April 2025 than in April 2024 while the average price of ground beef reached $6.02 per pound in May 2025, reflecting a ...

The latest report shows ground beef continues to steadily increase. Last May, the average price of ground beef per pound was $5.33. This May, it reached $6.02, a 12.15% price difference.

Last month, the average cost of one pound of ground beef reached a record high of $5.80, according to the U.S. Bureau of Labor Statistics.

The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics. That is up nearly 50% from five years ago.

Out in Colfax, wagyu and red devon cattle get hand-fed twice daily. It’s not cheap or time-effective — but the Griffiths family didn’t buy a herd to make a fortune.

Take, for example, Costco’s USDA Choice Beef Tri-Tip. It’s typically sold in a 10-pound package, which costs $78.90, or $7.89 per pound.

Japanese wagyu at Wyoming Meats, for example, sells for $145 per pound, compared to $60 per pound for American wagyu.

In addition, ground beef prices averaged $5.55 per pound, again not far from the record high of $5.67 per pound set in September. Overall, the cost of beef and veal has gone up 5.5% since last year.

Along with a sushi special ($55) featuring Wagyu, King crab, rock shrimp, truffle paste, crispy rice, scallions and toasted curry sauce, Meat Market serves Wagyu dumplings on its happy hour menu ...

AP Ground beef cost an average of $5.55 per pound in January, near its record-high of $5.67, according to the Labor Department data. The greater concern, however, is prices at the producer level.

After the 2012 drought, prices for a 400-500-pound feeder steer peaked at $3.17 per pound in May 2015, Anderson said. By December 2015 those steers brought $1.97 per pound.