Burger Costs Rising With Beef Supply at 21-Year Low

Burger Costs Rising With Beef Supply at 21-Year Low

Ty Wright/Bloomberg

A cow stands next to a tree, silhouetted against the sky, at the Adams Ranch Inc. in St. Lucie County, Florida. Wholesale beef prices dropped 12 percent since reaching a record $2.1137 a pound on May 23, as the acceleration in slaughtering boosted supply, government data show.