Ground Beef Prices At Three-Year Low

We know what you’re thinking: Independence Day is all about hot dogs and fireworks.

But those who enjoy their burgers might be in for a pleasant surprise. Ground beef prices are at a three-year low, and that means more people are likely to indulge, with sales projected to keep pace with last year’s surpassing $803 million around the July 4 holiday, according to a report by the market research group Nielsen.

According to May data from the Bureau of Labor and Statistics, one pound of ground beef cost averaged $3.56, down 68 cents from the 2015 peak of $4.24, making it the cheapest since 2014.

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