Maloni Intelligence Chart of the Week

Soaring Hamburger Costs

Written by David Maloni | May 15, 2024 9:31:42 PM

Conversely, major hamburger ingredient 50% beef trim could average at its lowest level for May since the Pittsburgh Penguins were on their way to winning their fourth Stanley Cup in 2016 (had to get the homer call in there with the earlier Bernie Kosar reference). But that does not mean that hamburger costs are inexpensive by any means. Unfortunately for the Hamburglar, the 90% beef trim markets are at record highs causing the overall cost to produce a hamburger to jump like Mike. And this likely isn't a short term problem with the USDA recently showing beef production declines near 5% in 2025.

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