Does ground beef cost $2 per pound?

Ground beef is separated into one pound cuts as it makes its way down a conveyor belt to be packaged at a meat processing facility.

No.

Ground beef hasn’t cost $2 per pound in more than 25 years.

U.S. Rep. Tom Emmer (R-MN) appeared on Fox Business on Sept. 16, discussing the upcoming midterm elections and saying at one point that “beef is at less than $2 a pound for ground beef.”

The average price for a pound of uncooked ground beef, regardless of fat content or source, in a U.S. city was just over $7 in August 2026, according to the U.S. Bureau of Labor Statistics.

The last time the data shows ground beef costing less than $2 per pound was in March 2000.

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Sources

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MinnPost is a nonprofit online newspaper in Minneapolis, founded in 2007, with a focus on Minnesota news. Last updated from Wikipedia 2026-08-20T13:58:20Z.
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Something here about the community discussion ground rules. Recently updated charts from the most popular data releases according to the Federal Reserve Economic Database (FRED).
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Recently updated charts from the most popular data releases according to the Federal Reserve Economic Database (FRED).