The price for a pound of beef in the Northeast declined slightly in September for the first time since last winter, according to federal data.

A pound of ground beef in the Northeast cost an average of $6.13 last month, down from $6.16 in August. That was the first month-over-month decline since February, according to data released earlier in October by the federal Bureau of Labor statistics.

The price of beef in the U.S. has been soaring and setting multiple records in recent months. The average price for a pound of ground beef remained more than 7% higher in September than it was a year earlier.

The U.S. beef industry has been battling long-term supply issues that are unlikely to ease anytime soon, according to NBC News .

Herds have been shrinking for the last few decades. They fel

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