Meat prices will likely go up this summer

The Texas A&M University Food Price Predictor study integrates historical data, current market trends, and predictive models to offer a detailed projection of future retail meat prices.

Timed with grilling season, this report assists consumers in effectively planning for summer barbecues.

The team analyzed market data using statistical models to predict price changes for various meat products. The study focused on ground beef, chuck roast Choice, steak sirloin Choice, all pork chops, and boneless chicken breast—all typical cuts of meat consumed during the traditional grilling season. While a chuck roast is not considered a typical grilling cut, its prices provide some insight into other items such as ground beef and some steak cuts, such as flat iron steaks.

The study shows a modest increase in most meat prices for this summer. Notable trends include modest increases in beef and pork prices and a decrease in chicken breast prices.

Price changes that occurred from September through February included:

Ground beef: up 0.45%

Chuck roast: up 4.68%

Sirloin steak: up 0.77%

Pork chops: down 3.93%

Boneless chicken breast: down 2.93%