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Initially, the production cost of the cultured beef was $18,000 per pound ($40,000/kg), and the production cost of the cultured poultry was $9,000 per pound ($20,000/kg). [5] [10] [11] As of June 2017, the company had reduced the cost of production to below $2,400 per pound ($5,280/kg). [12]
Average price in June 2024: $7.47 per pound. Percent change: 6.4%. Beef prices are nearing record highs, and roasts are the most expensive type of beef on the market right now.
[3] [4] [5] As an example of the difference, for 2002, when the FAO figure for US per capita meat consumption was 124.48 kg (274 lb 7 oz), the USDA estimate of US per capita loss-adjusted meat consumption was 62.6 kg (138 lb).
1 kg lamb: $2.04: $3.92 [39] 1 kg beef: $1.52: ... 100 g per egg [39] 1 kg nuts: $0.13: $0.23 [41] 1 L milk: ... Both prices are efficient; [a] ...
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You know beef has gotten expensive when people start stealing it. That's what happened a a couple of weeks ago in Austin, Texas, when six men shoplifted raw meat from a large grocery store by ...