US beef prices stay red-hot for summer cookouts

US beef prices remain extremely high for summer cookouts, creating challenges for home chefs and grill masters. This pricing surge is driven by a critical shortage in cattle supplies, which have currently dropped to their lowest levels recorded in 75 years. Consequently, consumers are facing sizzling costs for beef products during the peak summer grilling season as the market grapples with these historic lows in available livestock across the United States.