A report by Texas A&M Department of Agricultural Economics experts indicated a mixed bag of slight price increases and decreases for beef, pork and poultry throughout grilling season.
Consumer costs for primary beef and pork offerings like ground beef, chuck roasts, sirloin steaks and pork chops are expected to increase around 1% between May and October, while chicken cuts like boneless breasts are expected to decrease by more than 2% during the same time.
The price forecasts reflect market dynamics across beef, pork and poultry products typically purchased for summer cookouts.
Anticipated price increases for ground beef and chuck roast are due to the seasonal surge in demand during summer grilling season. Beef consumption increases historically during this period, pushing prices upward. Ground beef continues to benefit from consumer demand.