Consumers may face higher beef prices from businesses

The high beef prices weigh on US business and consumers.

They have forced some companies to make tough decisions on how to deal with great costs and some pass customers costs.

The owner of Lombardi’s main meat owner Rob Pasio said in Philadelphia Fox Business Correspondent Jeff Score “There is only so much in Cack, how much you can absorb, how much you can hit your bottom line before you tell yourself.”

The butcher store, the Passion said, has not seen its customers at higher prices “because they see.”

Eggs are not the only expensive food. Price also grow

Organic ground beef 30, 2020, Bavaria, Nuremberg (Daniel Karman / Picture Alliance Getty Images / Getty Images)

“They see inflation. They see pricing. You know, everything is up, “he said.

The Bureau of the Bureau of the Consumer Price Index (CPI) The prices of beef and calf rose by 2.4% monthly and 7.6% in February.

The total CPI has installed 0.2% of the month of the month and 2.8% jump year year by year.

The statement came from Kornny Schmidt, the manager of the Wales Garego Library Institute Fox Business: Last month, the high beef prices were due to more tough US beef with consumer consistent demand.

According to Schmidt, the ancestor of the United States of animals feels below the cycle of livestock, historically low levels, according to Schmidt.

The demand for beef remained strong, as since the epidemic, according to the American Farm Bureau Federation. (KENNEDY HAYES / FOX News / FOX NEWS)

At the end of January, the US Department of Agriculture (USDA) was reported to US farms with 86.7 million cattle and calf. The score for beef beef cows was 27.9 million, a 1% decline compared to the same period last year, according to USDA.

“I know they kill smaller animals, so they try, I guess we will kill them faster to demand the required supply,” said the Passion.

Some large companies are a source of beef from Canada and Mexico, FOCK reports “Care and Q.” In

Get Fox Business Go by clicking here

President Donald Trump forced 25% import tariffs On March 4, the United States, recently, recently, a recent Mexico and Canada were contributed to the goods under the United States-Mexico-Canada agreement until early April.

Such a collection on the imported beef will “increase the price” according to Passio, adding that consumers are “going to pay for it.”

“My philosophy is as low as possible to sell savings to the customer. And I hope your income will cause more customers.

2023 Beef packages for sale on January 12, 2023. On January 12 at the Supermarket in Calif. (Liu Guangean / China News Service / VCG Via Getty Images / Getty Images)

In the United States, the ground beef was $ 5.63 in February, and one pound price useless Sirlowin steak Received $ 11.90, according to St. Louis Federal Reserve Bank. These average prices accounted for 9.6% and 1.6% more than in 2024, respectively.

Egg price spots. We “have passed from the tough part,” says the Agriculture Secretaries

The USDA’s beef production in the report issued this month this year is 26.685 billion.

Daniella Genovese contributed to this report.