Beef Prices Rise; Pork Drops — U.S. Retail Meat

By Kira Brecht

DJ-Average beef prices rose in grocery-store advertisements this week, while average pork prices fell, according to the latest Wall Street Journal retail-meat survey.

Grocers heavily promoted Valentine’s Day specials pairing steak with
seafood, along with chocolate and champagne.

The 15-cut average for beef climbed to $5.44 a pound from $5.37 last week. It was down from $5.80 a year earlier, the Journal survey found.

Grocers listed higher prices for some steak cuts, including sirloin, T-bone and strip.

The five-cut average for pork prices declined to $2.77 a pound from $3.02 last week, and was down from $3.08 a year earlier.

Chicken prices also slid noticeably in the latest week. The two-cut average declined to $1.56 a pound from $1.82 last week and was weaker than $1.91 a year ago.