That doesn’t help your statement at all. Between the tariffs on imported foods and the lack of migrant workers on domestic farms, vegetable prices are going to skyrocket in a way that could potentially make egg prices look tame… but I guess that’s “none of my business”
Farm animals are also typically fed with produce these days. Grazing has become largely the exception, because the animals take longer to grow. As such, when produce prices go up, animal product prices will likely climb higher.
Which means the cattle gets less protein-rich food, therefore puts on meat less quickly, therefore the output of meat is reduced. Less meat ends up on shelves and individual prices may need to be upped, since the farmers still have similar costs, but less products to sell.
Like, I don't know, from what I've heard, the US market is plagued by fairly monopolistic meat resellers, so maybe you are right that they're currently taking a big profit margin and can/must lower that margin as a result of this. But I still wouldn't be all too sure that they won't find a way to drive up prices anyways.