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Americans fire up barbecue grills for cheap burgers as beef price tumbles

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Published Mon, Sep 5, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Chicago

    WITH barbecue grills lighting up across the US this holiday, you might make that cheeseburger a double.

    After savouring cheap burgers all summer, Americans are enjoying the lowest ground-beef prices for this time of year since 2011. The Labor Day holiday, celebrated on Sept 5 this year, ties with Memorial Day as the most popular day for barbecues after the Fourth of July. Inexpensive meat might be here for a while - cattle futures in Chicago are trading near their lowest since 2010, and investors have reduced bets on a rally for three straight weeks.

    Beef

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