Fox News correspondent Lydia Hu said: “They’re expecting these inflated costs to continue through the year.
“Some estimates see that trickling into the grocery stores with prices going up by roughly 5 percent depending on what you’re buying.”
She added: “The issue is that feeding them is getting more and more expensive, as we’re just seeing the price of corn and soy skyrocket over the last year.”
John van Vugt of Rockridge Farm in Andover, New Jersey told Fox News that the rising costs were already putting pressure on his business.
“We’re used to seeing slight increases here and there, going up and back down again.
“But over the last several months, fuel fertiliser prices have really skyrocketed and it’s going to show in the beef coming in the next few months.
“It costs $200-$300 more a cow to raise them and you only get 500lb from a cow.
The White House has offered support to JBS in the wake of the attack and accused Russian hackers of being responsible.
Karine Jean-Pierre, a spokeswoman for the Biden administration, said on June 1 that JBS had been issued a ransom following the attack from “a criminal organization likely based in Russia.”
She added: “The White House is engaging directly with the Russian government on this matter.
“Responsible states do not harbour ransomware criminals.”