Beef Prices Set Record as Supply Tightens Despite Trump Pressure [Yahoo! Finance Canada]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Prices keep setting records amid a historically small US cattle herd, while demand remains especially strong for ground products, which are still among the cheapest options in the meat case. The jump in beef costs came even as the overall consumer price index unexpectedly eased, gaining 2.7% in November from a year earlier. That compares with a 3% annual advance two months prior. October CPI figures weren't released because of the government shutdown. Runaway beef prices have been a target of the Trump administration, which in November called for a price-fixing investigation into meatpackers and removed tariffs on Brazilian shipments. In October, the US Department of Agriculture rolled out a program to support American ranchers, including expanded grazing access. Beef imports are projected to jump 15% this year, and the USDA this month raised its 2026 forecast for foreign shipments after the Trump administration lifted its levies. Darden Restaurants
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DRI
News
- Darden Restaurants (NYSE:DRI) had its price target raised by analysts at Mizuho from $185.00 to $195.00. They now have a "neutral" rating on the stock.MarketBeat
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- Darden Restaurants (NYSE:DRI) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
DRI
Earnings
- 12/18/25 - Miss
DRI
Sec Filings
- 12/23/25 - Form 4
- 12/18/25 - Form 8-K
- 11/25/25 - Form 4
- DRI's page on the SEC website