Barbecued meat
Barbecued meatISTOCK

Kosher meat prices in the US are expected to skyrocket beginning next week. One of the reasons for the price hike appears to be increasing cattle prices in the US. According to a Feeder Cattle price chart, the price per pound of cattle meat was just around $125 in 2005 and again in 2020 as opposed to the $248/pound selling today.

Springfield Wholesale Meat, the biggest kosher meat distributor in the northeastern US, is increasing its prices accordingly.

In a message addressed to kosher foods chains, the meat distributor wrote: “Regretably, we have been informed by Solomon’s of a drastic price increase on domestic beef that will be implemented beginning this week.”

This price increase is expected to go into effect on Monday, July 24.