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

Stew Leonard Jr., president and CEO of Stew Leonard's grocery stores, said the average cost of an Independence Day meal for 10 rose 4% to $73.82, according to Bloomberg. He said beef was the main driver, with meat prices rising to $2.75 from $2.50 amid a 75-year low in cattle herd sizes and strong demand for protein.