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Americans are paying record prices for steak. Here's why demand isn't cracking

Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.

Americans are paying record prices for steak. Here's why demand isn't cracking

Published July 2, 2026 · Category: Finance

Overview

Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.

Source

Originally published at www.cnbc.com.

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