Beef prices expected to rise further due to tariffs

Beef prices are rising and could go up even more due to expected tariffs. Currently, beef prices are about 8 percent higher than last year. JT Homan, a butcher at Lehrs Prime Market, says prices might rise as demand increases for grilling season. Though prices are lower now than in December, they are expected to increase. For example, filet mignon costs $54 a pound. There are cheaper options, like ribeye and strip steaks at $24 per pound, and even better deals on thin flank steaks and sirloin caps at $14 per pound. The Bureau of Labor Statistics reports that beef prices went up by 7.6% in February compared to last year. Beef roasts saw the largest increase at 9.5%, while beef steaks rose by 6.3%. Other types of meat have also seen price increases, but they are lower. Pork and seafood went up by 1.8%, and chicken by 2.1%. Dietitian Kayla Pasquale recommends cooking whole chickens for a better protein value. Whole chickens can provide meals for days, like soups and tacos. If you still want beef, experts suggest saving money by buying in bulk and freezing the meat. If space is limited, consider sharing bulk purchases with friends. Homan advises that now is a good time to stock up to avoid higher prices later.