Business

Record Steak Prices Persist

Updated 2026-07-02 11:10 UTC 1 source Neutral

Despite soaring beef prices, Americans continue to treat steak as a special occasion meal. The trend highlights the resilience of consumer demand for premium cuts.

Coverage timeline — 2 articles
CNBC
Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.
2026-07-02 11:00 UTC
CNBC
"It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead," the Kathmere Capital CIO says.
2026-07-02 11:00 UTC
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