Expert Warns of Upcoming Sharp Rise in American Food Prices
Ground beef prices in the US have surged over 10% since June 2024 due to climate-driven stress on food systems, supply disruptions, and potential tariffs, with experts warning prices could rise further. Extreme weather, drought, and high feed costs are reducing herd sizes, while tariffs on imports may increase costs. Efforts to diversify supply chains and adopt drought-resistant practices aim to bolster food system resilience amid ongoing challenges.