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Record beef prices raise Memorial Day cookout costs
Record beef prices raise Memorial Day cookout costs

Yahoo

time23-05-2025

  • Business
  • Yahoo

Record beef prices raise Memorial Day cookout costs

By Tom Polansek, Heather Schlitz CHICAGO (Reuters) -Beef prices set records last month at U.S. grocery stores, and economists expect they will climb further as demand increases during the summer grilling season that traditionally begins with cookouts on Memorial Day on Monday. Higher prices hit consumers who are increasingly nervous about the economic impact of President Donald Trump's trade policy and after Washington halted cattle imports from Mexico over a pest called New World screwworm, which could hike up beef prices further by tightening the cattle supply. One consumer feeling the pinch is DeAndrea Chavis, an artificial intelligence analyst in Raleigh, North Carolina, who buys ground beef nearly every week to prep tacos and other dishes for lunch but lately is making smaller portions because of rising prices. Chavis said she has seen lean ground beef prices climb above $9 per pound from $6 to $8 in recent months. She is planning to keep hamburgers on the menu for a cookout next week but may have more hot dogs in the mix to control costs. "Ground beef is supposed to be a cheaper option," said Chavis, 28. "Now that is even starting to add up." Ground chuck prices in April reached a record $6 per pound, up 14% from a year ago, after farmers slashed their cattle herds to a 74-year low due to a years-long drought that reduced grazing lands. However, demand for beef is expected to reach a 39-year high as consumers stomach higher prices, Rabobank senior analyst Lance Zimmerman said. A Memorial Day cookout for 10 people eating a mix of foods, including one cheeseburger and chicken sandwich apiece, will cost an estimated $103, up 4.2% from last year, according to Rabobank. Hamburger meat prices jumped 6.4%, the bank said. Some consumers are buying cheaper cuts of beef, such as a top sirloin, to save money without switching to lower-cost chicken or pork, said Ian Anderson, market researcher for commodity data firm Expana. "Folks are still looking to get that juicy steak, and they don't want to pay ribeye prices sometimes," he said. 'IN LOVE' WITH HAMBURGERS The U.S. has increasingly relied on beef imports over the past 30 years to meet demand for ground beef. Imports of Brazilian boneless beef trimmings used for hamburgers were a record 6,888 metric tons in the week ended on May 10, signaling strong demand, said Bob Brown, an independent livestock market analyst. "We are so in love with hamburgers," he said. But the U.S. Department of Agriculture indefinitely blocked imports of Mexican cattle this month due to screwworm in Mexico. U.S. feedlots fatten Mexican cattle for roughly six to eight months before sending them to slaughter, meaning the ban would hit beef supplies after the peak of summertime demand, economists said. The USDA also closed the border for Mexican cattle imports from late November through February, which could tighten supplies this summer, they added. "Slaughter has declined dramatically recently," David Anderson, livestock economist at Texas A&M University, said. "If we have less beef produced, that's part of the recipe for higher prices." At some specialty butcher shops, customers who are long accustomed to paying higher prices for fresh local meat haven't pulled back on their spending, shop owners said. "I don't think people are shying away from meat," Bill Begale, owner of Chicago butcher shop Paulina Market, said, noting that there are no shortages of customers for their fresh meat, homemade sausages and expansive deli items. Chavis, in the meantime, said she has started shopping at Lidl and Aldi stores, instead of Food Lion and Walmart, as she hunts for cheaper ground beef. Alas, she said, "it's a problem all over."

Record beef prices raise Memorial Day cookout costs
Record beef prices raise Memorial Day cookout costs

Yahoo

time23-05-2025

  • Business
  • Yahoo

Record beef prices raise Memorial Day cookout costs

By Tom Polansek, Heather Schlitz CHICAGO (Reuters) -Beef prices set records last month at U.S. grocery stores, and economists expect they will climb further as demand increases during the summer grilling season that traditionally begins with cookouts on Memorial Day on Monday. Higher prices hit consumers who are increasingly nervous about the economic impact of President Donald Trump's trade policy and after Washington halted cattle imports from Mexico over a pest called New World screwworm, which could hike up beef prices further by tightening the cattle supply. One consumer feeling the pinch is DeAndrea Chavis, an artificial intelligence analyst in Raleigh, North Carolina, who buys ground beef nearly every week to prep tacos and other dishes for lunch but lately is making smaller portions because of rising prices. Chavis said she has seen lean ground beef prices climb above $9 per pound from $6 to $8 in recent months. She is planning to keep hamburgers on the menu for a cookout next week but may have more hot dogs in the mix to control costs. "Ground beef is supposed to be a cheaper option," said Chavis, 28. "Now that is even starting to add up." Ground chuck prices in April reached a record $6 per pound, up 14% from a year ago, after farmers slashed their cattle herds to a 74-year low due to a years-long drought that reduced grazing lands. However, demand for beef is expected to reach a 39-year high as consumers stomach higher prices, Rabobank senior analyst Lance Zimmerman said. A Memorial Day cookout for 10 people eating a mix of foods, including one cheeseburger and chicken sandwich apiece, will cost an estimated $103, up 4.2% from last year, according to Rabobank. Hamburger meat prices jumped 6.4%, the bank said. Some consumers are buying cheaper cuts of beef, such as a top sirloin, to save money without switching to lower-cost chicken or pork, said Ian Anderson, market researcher for commodity data firm Expana. "Folks are still looking to get that juicy steak, and they don't want to pay ribeye prices sometimes," he said. 'IN LOVE' WITH HAMBURGERS The U.S. has increasingly relied on beef imports over the past 30 years to meet demand for ground beef. Imports of Brazilian boneless beef trimmings used for hamburgers were a record 6,888 metric tons in the week ended on May 10, signaling strong demand, said Bob Brown, an independent livestock market analyst. "We are so in love with hamburgers," he said. But the U.S. Department of Agriculture indefinitely blocked imports of Mexican cattle this month due to screwworm in Mexico. U.S. feedlots fatten Mexican cattle for roughly six to eight months before sending them to slaughter, meaning the ban would hit beef supplies after the peak of summertime demand, economists said. The USDA also closed the border for Mexican cattle imports from late November through February, which could tighten supplies this summer, they added. "Slaughter has declined dramatically recently," David Anderson, livestock economist at Texas A&M University, said. "If we have less beef produced, that's part of the recipe for higher prices." At some specialty butcher shops, customers who are long accustomed to paying higher prices for fresh local meat haven't pulled back on their spending, shop owners said. "I don't think people are shying away from meat," Bill Begale, owner of Chicago butcher shop Paulina Market, said, noting that there are no shortages of customers for their fresh meat, homemade sausages and expansive deli items. Chavis, in the meantime, said she has started shopping at Lidl and Aldi stores, instead of Food Lion and Walmart, as she hunts for cheaper ground beef. Alas, she said, "it's a problem all over." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Teen hurt in Myrtle Beach officer-involved shooting says she was wounded by officer's bullet
Teen hurt in Myrtle Beach officer-involved shooting says she was wounded by officer's bullet

Yahoo

time07-05-2025

  • Yahoo

Teen hurt in Myrtle Beach officer-involved shooting says she was wounded by officer's bullet

MYRTLE BEACH, S.C. (WBTW) — One of the victims in last month's deadly Ocean Boulevard officer-involved shooting in Myrtle Beach said Wednesday she was wounded by a bullet fired from an officer's gun. Fifteen-year-old Serenity Chavis was among the 11 people hurt in the April 26 incident in which Jerrius Davis, 18, of Bennettsville, was killed after authorities said he opened fire in a crowd of people gathered on the boulevard. 'When the police shot me, I didn't feel the bullet,' Chavis said at a news conference attended by her mother and a nationally known civil rights activist. 'My leg just gave out, just like I couldn't run no more, so I'm trying to drag my leg and go, and I just couldn't do it no more. I just gave out, and I laid back, and when I laid back, I started screaming for help, and two officers came.' Deadly officer-involved shooting at least 25th instance of gun violence on Ocean Boulevard in Myrtle Beach since 2020 Chavis described the moments after calling for help. 'The one that shot me stood in front of me and told me that he was sorry. He just kept saying that he was sorry,' Chavis said. 'And I just kept saying, 'Can y'all please help me?' And I asked [If I was going to] die and he said 'No, [you're not going to] die. They were [going to] put me in handcuffs until I told them I'm an innocent bystander. That's what happened.' Chavis' mom, Kendra Malloy, said she just wants answers. 'I've been left in the blind,' Malloy said. 'You know, nobody has come up front. The police department has not contacted me. No police report. We were in the hospital for five days. Nobody reached out to us, like, they've said nothing, you know, like we're nobody.' After the news conference, News13 asked Myrtle Beach police and the SLED about Serenity's claim that she was shot by an officer and received the following response from police: 'This is an active investigation being led by SLED,' spokesman Randolph Angotti said. 'As the facts about this incident become available from SLED, we will share them with our community.' In a 'devastating turn of events' just six days after the Ocean Boulevard shooting, Malloy's 18-year-old son was wounded in another shooting at an after-prom party in Laurinburg, North Carolina, she wrote in a GoFundMe post. His injuries were not life-threatening. 'As a mother, I am doing everything in my power to be strong for both of my children,' Malloy wrote. 'But the emotional, physical, and financial burden is overwhelming. Laurinburg police are still investigating that shooting, which was one of two that occurred there late Saturday night and early Sunday morning. The shooting almost immediately garnered the attention of the civil rights group, True Healing Under God, or T.H.U.G., whose founder, John C. Barnett, organized the news conference at the Myrtle Beach police headquarters on N. Oak Street, a few blocks north of where the shooting happened. In a release ahead of the news conference, the group said it expected to meet with Myrtle Beach Mayor Brenda Bethune, who, along with Police Chief Amy Prock, has drawn criticism in the days after the Saturday night shooting in the busy downtown business district, where millions of tourists visit every summer. The South Carolina Law Enforcement Division was called in to handle the investigation because the shooting involved a Myrtle Beach police officer. Davis' mother, Jaeishala Fox, told News13 last Thursday that her family had met with SLED investigators. The agency said last week that Davis was 'armed' and 'shooting into a crowd,' an allegation that his mother disputes. Three Myrtle Beach police officers were placed on paid leave after the shooting. Barnett, who created after his brother was murdered by his cousin in 1994, has handled multiple high-profile cases: one involving an Emmett Till demonstration in Raleigh, North Carolina; one that involved the torture of two black men by six local sheriff's deputies in Rankin County, Mississippi; and one tied to the death of Shanquella Robinson of Charlotte, North Carolina. * * * Dennis Bright is the Digital Executive Producer at News13. He joined the team in May 2021. Dennis is a West Virginia native and a graduate of Marshall University in Huntington, West Virginia. Follow Dennis on Facebook, X, formerly Twitter, and read more of his work here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to WBTW.

Bookkeeper sentenced for stealing nearly $175K from GA church, charitable program
Bookkeeper sentenced for stealing nearly $175K from GA church, charitable program

Yahoo

time01-05-2025

  • Business
  • Yahoo

Bookkeeper sentenced for stealing nearly $175K from GA church, charitable program

A woman who was a bookkeeper for a Georgia church has learned her fate as she was convicted of wire fraud. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] In October 2024, Judith Alane Chavis, 58, of Sorrento, Fla., pleaded guilty to five counts of wire fraud in connection with a disaster benefit and 10 counts of money laundering. According to court documents, from 2018 until August 2022, Chavis was a volunteer bookkeeper for the Glory Church of Alapaha and its charity, the Peanut Butter and Jesus Outreach (PB&J). She was allowed to write checks and the church and charity's bank statements were only sent to her. Officials said between August 2020 and March 2022, Chavis applied and was granted $163,500 of Economic Injury Disaster Loans (EIDL) from the U.S. Small Business Administration on behalf of the Church and PB&J without the Church's or PB&J's permission and using the church's letterhead. Authorities said Chavis also lied about being the treasurer to get money, signing the letter herself. TRENDING STORIES: Ex-GA school bus driver charged after multiple students attack 7-year-old during route, deputies say Atlanta HVAC technician among 19 arrested in 'child predator' operation Have you received a random package you didn't order? It could all be part of a scam to defraud you On March 7, 2022, Chavis submitted a signed certification stating members of the church's finance committee approved the second revision of the loan, but no approval occurred, officials said. The SBA granted the requests and deposited $15,000 in the church's account. The Middle District of Georgia Attorney's Office said Chavis transferred almost all of the EIDL and advance funds from the church's and PB&J's accounts, totaling $173,500, to her checking account. The DA said she used the money for personal expenses, including travel and large purchases. [SIGN UP: WSB-TV Daily Headlines Newsletter] 'Individuals who use places of worship and charitable organizations for their fraud and theft will be rooted out and face consequences for their criminal actions,' said Acting U.S. Attorney C. Shanelle Booker. On Wednesday, a judge sentenced Chavis to serve 21 months in prison and three years of supervised release and $173,500 in restitution. 'Chavis betrayed the confidence the church had placed in her by misappropriating funds intended to support its mission,' said Paul Brown, Special Agent in Charge of FBI Atlanta. 'We hope that this federal prison sentence offers some measure of closure to the church and its congregation and serves as a warning to others who might exploit the trust of faith-based or charitable institutions for personal enrichment.'

Parents charged after teen suspect caught in deadly shooting
Parents charged after teen suspect caught in deadly shooting

Yahoo

time24-04-2025

  • Yahoo

Parents charged after teen suspect caught in deadly shooting

A spring break game turned deadly this week in Rock Hill, and now the parents of the teen murder suspect are also facing criminal charges. Channel 9 previously reported that 17-year-old Carnell Mike is facing a murder charge for a deadly shooting at a QuikTrip. Now, police tell Channel 9's Tina Terry that his parents didn't cooperate with the investigation when their son was wanted. Police say Mike killed 16-year-old Jayden Reid Tuesday night and then ran away from the scene. Chester County deputies helped track him down. Investigators told Channel 9 that while Mike was wanted, his parents knew what was going on and didn't cooperate with the officers who were trying to find him. They've since been arrested and charged with misprision of a felony. On Thursday, police told Terry a popular water gun game may have led to the violence. 'When youth come together and they use these guns that shoot water pellets or rubber bullets or something to that effect, there is some indication that that might have led to it,' said Lt. Michael Chavis with the Rock Hill Police Department. Chavis says a group of teens may have been playing the game in a public place in Rock Hill before heading to the QuikTrip. 'When it went to the QT, the conflict continued there and became physical, and that led to the gunshot being fired,' Chavis told Terry. Now, police are warning teens on spring break to be smart. 'We cannot continue to try and solve our conflicts and issues with violence, because all that does is cause issues like this,' Chavis said. Mike is 17, but police say he's being charged as an adult. His parents are still in jail, and each of them has a $100,000 bond. (VIDEO: Community rallies around girl after accidental shooting)

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