Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher

Ground beef prices have risen 20% since January 2025 due to a screwworm parasite outbreak, drought-reduced cattle herds, and potential trade disruptions. The U.S. and Mexico are negotiating the future of the North American trade deal, with President Donald Trump threatening to withdraw, risking further supply shortages and price hikes.