Now, beef prices are hitting records, rising almost 9% since January, according to the Department of Agriculture, and retailing for $9.26 a pound. June’s consumer price index showed steak and ground beef prices are up 12.4% and 10.3%, respectively, over the last year.

Beef prices are hitting record highs, retailing for $9.26 a pound nationally, a rise of almost 9% since January, according to the Department of Agriculture. Locally, ground beef prices are hovering around $9 a pound.