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$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
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Yahoo Finance

2026-08-10T15:50:00+00:00
Source: finance.yahoo.com
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For millions of Americans, the weekly grocery trip has become an exercise in sticker shock.

Beef prices have climbed sharply in recent years, forcing many families to swap steaks for cheaper cuts, or abandon beef altogether.

Thomas Massie, R-KY., says one of the bills he's spent the most time championing could help bring those prices back down.

"Groceries are too high!" Massie wrote on X (1) on Aug.

4, responding to right-wing commentator Matt Walsh.

"The bill I've spent the most effort on since I've been in office is the PRIME Act… to lower beef & pork prices while giving farmers more opportunity." Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 —6 ways to build wealth like a landlord without actually being one JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA.Learn more with a free guidefrom Priority Gold The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time.What to do before the window closes The Kentucky congressman added that the proposal now has bipartisan cosponsors and a pilot program included in the new farm bill.

The Processing Revival and Intrastate Meat Exemption (2) (PRIME) Act would amend the Federal Meat Inspection Act to exempt certain meat processed at custom slaughter facilities from federal inspection requirements, provided those facilities comply with state law and the meat is sold only within that state.

Additionally, it would allow meat to be sold directly to household consumers, grocery stores, restaurants and other local businesses.

The measure would give smaller livestock producers more processing options, theoretically increasing local competition and reducing dependence on a relatively small number of large meatpacking companies.

And Massie has been making that case for years.

"Beef is getting expensive," he wrote on X (3) in July 2025.

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Indicative Market Prices August 10, 2026 19:13 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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DISCLAIMER: Prices shown are indicative market references only.
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