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In addition, ground beef prices averaged $5.55 per pound, again not far from the record high of $5.67 per pound set in September. Overall, the cost of beef and veal has gone up 5.5% since last year.
U.S. retail prices for ground beef hit a record high of $5.67 per pound in September and were a little below that last month, according to the Bureau of Labor Statistics. Prices for the hamburger ...
Bread is pricier — $2 per pound for white bread and $2.60 per pound for whole wheat. Meat. Meat can take a hefty chunk out of your food budget, especially if you like beef. Even ground beef ...
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
Food pricing for tomatoes given in US dollars per pound. The price of food has risen quite drastically during the 2007–08 and the 2010–2012 world food price crises. It has been most noticeable in developing countries while less so in the OECD countries and North America. [24] [25]
[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). [6]