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Consumption | Eat beef, but at what price?

by Priya Shah – Business Editor

Beef Prices⁢ Hit Record Highs: Will Lenses Become the New Spaghetti Sauce Staple?

By Priyashah, World-Today-News.com – September 12, 2025, ‍7:45 p.m.EDT

(World-Today-News.com) – As the ⁣price of chopped beef nears $15 per kilo,a startling question ‌arises: could meat alternatives,even unconventional ones like lenses,become ‍commonplace in everyday dishes like spaghetti sauce this fall? ​Despite ‌the soaring costs,beef⁣ sales remain surprisingly stable,a⁢ phenomenon prompting a closer look ‌at the factors driving this​ trend. Here⁣ are five key questions to understand the current state of the beef market.

How High ‌Are Beef Prices Climbing?

The price of meat,⁢ and especially beef, has been on a consistent upward trajectory for years. However,recent data from Statistics Canada reveals prices are now reaching unprecedented levels.

Consider this: the cost of a kilo of ‌minced beef has risen from ⁣$10.64 in ‍the summer of 2022 to $14.78 as of⁣ July 2025. The price surge isn’t limited to ground⁣ beef. Beef coast, which cost $25.99 per kilo in ​2022, now averages around $31.99.

While ​retail prices will vary based on ⁢location and quality, the overall trend is undeniable: ​beef is becoming increasingly expensive for consumers.


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