Fourth of July Cookout Costs Rise 4% Says Stew Leonard's CEO

Summary

Stew Leonard Jr., CEO of Stew Leonard's, discusses the 4% rise in the average July 4th cookout cost for 10 people, now $73.82. Beef is the main cost driver due to the smallest cattle herd in 75 years and strong protein demand. He notes that per-person costs remain reasonable versus dining out, suggests DIY food prep as a saving tip, and comments on weather-related volatility in fruits and vegetables.

• Average Independence Day cookout cost for 10 rises 4% to $73.82.
• Beef prices are the primary driver, increasing from $2.50 to $2.75.
• Cattle herd at 75-year low amid high protein demand pushes meat costs up.
• Other items like cheese and brioche buns are flat year-over-year.
• Fruits and vegetables face price swings from extreme weather and heat.
• Per-person meal cost remains cheap compared to restaurant dining.
• Consumers are shifting toward home cooking and DIY prep to save money.