Americans can expect to spend roughly the same amount on their Fourth of July cookouts in 2025 as they did in 2024, according to a report from the American Farm Bureau Federation. While the overall cost of traditional cookout items such as burgers may remain high, with suggestions to consider alternatives like pork chops, the expenses associated with hosting pool parties this Independence Day are expected to be lower. Preliminary data from a market research company indicates that the cost of pool party supplies has decreased compared to previous years, making such gatherings more affordable. This trend provides a contrasting dynamic where cookout food prices remain elevated but pool party hosting costs have declined.
Beef has never been more expensive: USDA ground beef retail prices have surged to a record $6.10 per pound. Over the last 3 years, beef prices have risen by over +50%, driven by a severe cattle shortage. Ranchers have slashed herds due to high interest rates, expensive feed, https://t.co/g0qBhll1OV
‼️US beef prices are surging: Ground beef prices reached $6.1 per pound, an all-time RECORD. This is driven by an unprecedented cattle shortage The US cattle inventory has fallen to just 94.2 million, the lowest mid-year total since data began being tracked in 1973. https://t.co/8Viyj0BGqQ
Cattle Price jumps to a new all-time high 🚨📈🐮 https://t.co/zRv2Iqepaz