...but instead between the American consumers and record beef prices...
Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years
Beef prices have surged to record highs due to a significant drop in nationwide cattle inventory, now at its lowest level in 70 years, primarily driven by drought and strong consumer demand.
Current Situation, beef prices have reached unprecedented levels, with ground beef prices increasing by 12.8% year-over-year, beef roasts up 13.6%, and steak prices soaring by 16.6% as of August 2025. This inflation is significantly higher than the overall food price increase of 3.2% during the same period.
Even at Costco, I see the price of regular beef gradually going up...
This Costco member was like, I can do Prime or American Wagyu but definitely not Japanese A5 Wagyu...

From cheapest to most expensive in that isle...
Cheapest: USDA Prime grade..

Medium: American Wagyu grade..

Most expensive: A5 Japanese Wagyu..
