Cheap Beef Is Here for Summer Burgers and $1 Taco Bell Burritos
- Retail ground-beef prices fall to lowest in two years
- Money managers boost bets on rally for cattle futures
Ground beef hangs from a grinder in the meat department of a supermarket in Princeton, Illinois, U.S., on Wednesday, July 2, 2014. Rising prices for beef, ice cream and lettuce, mean Americans will spend the most ever for Fourth of July barbecues this year.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Vegetarians aside, who doesn’t like cheap burgers?
Americans celebrating Memorial Day this weekend -- the unofficial kick-off to summer and the grilling season -- have one more windfall coming their way: the cheapest retail prices for ground beef in two years.