Townline is also dealing with rising prices. A recent report from the Farm Bureau shows beef rates have hit a record high of over $8.15 per pound. It is impacting producers and consumers.

“Retail buying ahead of Labor Day has passed, so boxed beef prices dropped,” Austin Schroeder, analyst at Bruegler Marketing, said. Most-active CME October live cattle LCV24 closed down 0.725-cent at ...

As Americans deal with high prices of beef both at the grocery store and at the drive-thru, fast food giant McDonald's is seeking to go after what it believes to be the root of the problem.

The situation is equally concerning in the United States, where ground beef prices have reached a record high of $5.67 per pound, marking a 43% increase since January 2021. Despite these steep prices, ...

Irish beef prices truly defy logic when compared to the UK and Europe." ICSA estimates that with over 40,000 cattle being slaughtered weekly, an additional €3-4 million per week should be returned to ...

noticed that beef prices were surging far ahead of inflation. But it took another five years or so to figure out what was going on. Earlier this month, McDonald’s filed what may be the last of ...

Within the broader meat category, beef isn’t the only protein facing challenges–pork and chicken prices are also on the rise. The hog market has experienced similar upward pressure, which could lead ...

The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries, alleging a price fixing scheme for beef ...