As Memorial Day weekend approaches and grills fire up across the country, consumers can expect to pay more for beef and chicken at grocery stores. Beef and chicken prices are up compared to last year, while pork has seen a slight decline.

According to David Anderson, Ph.D., an AgriLife Extension economist with Texas A&M, grilling season typically brings increased demand, especially around holidays, which puts upward pressure on meat prices across the board.

Beef Prices Hit New Highs

Beef continues to be the most expensive option. Retail prices for many beef cuts have climbed significantly, with wholesale Choice ribeye steaks rising from $9.75 per pound in April 2024 to $14.18 this year. Strip loins increased from $9.28 to $10.72 per pound. Even lean ground beef jumped from $6.73 to $7.48 per pound over the past year, up from just $4.50 in 2019.

Briskets, once the star of backyard barbecues, have seen more modest increases after years of rapid price hikes, but still remain costly.

The higher prices are largely tied to reduced beef production. The U.S. cow herd is at its smallest since 1961, driven in part by prolonged drought conditions in Texas — home to over 14% of the nation’s beef cattle. Fewer cows going to market and smaller herd sizes mean tighter supplies and rising costs.

Chicken Prices Also Climb

Despite an increase in poultry production, chicken prices are also up. Boneless, skinless chicken breasts are averaging $2.75 per pound — a full dollar more than last year — while chicken legs have risen to 88 cents per pound from 72 cents. This price hike highlights the unique pressures in the poultry market, where even increased supply hasn’t curbed rising costs.

Pork Prices Offer Relief

Unlike beef and chicken, pork has become more affordable. Pork production is up, and prices have dropped for many cuts. Wholesale pork loins fell from $1.30 to 99 cents per pound, while spareribs declined from $1.79 to $1.53. Retail pork chops also dipped slightly, from $4.34 to $4.26 per pound. While the pork industry has faced profitability challenges, consumers benefit from lower prices, making it a budget-friendly option for summer grilling.

Demand Still Going Strong

So far, higher beef and chicken prices haven’t driven consumers away. Demand for beef, chicken, and pork remains robust, with shoppers continuing to buy their favorite cuts despite inflation and economic concerns. Retailers may offer deals or specials to draw in shoppers for the holiday weekend, giving savvy buyers the chance to save.

As grilling season picks up, beef and chicken prices could climb further. For now, the meat case at your local grocery store may look pricier, but Americans are still stocking up for summer cookouts.