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Meat prices are currently 7.5% higher than this time last year. The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by ...
Beef -- it's what's for dinner. If you can afford it. The price of meat has skyrocketed in recent years, beyond the already high 9.1% inflation rate. Learn: SNAP Updates To Know for Summer ...
Uncooked beef roasts led that monthly jump with a 6.5% increase from June to July. Beef steaks were up 2.3%, while other cuts of beef and veal were up 3.6%.
The price of beef and veal grew 1.9% year over year but fell 1.1% month over month, the biggest monthly decline since June of 2022. A pound of 100% ground beef chuck cost $5.59 in October, a penny ...
Grocery prices ticked up 0.3% in July, after staying flat in June, driven largely by rising beef prices.
Christine McCracken, a meat analyst at worldwide agricultural financial institution Rabobank, said that U.S. meat production had declined 20% by late April 2020, and predicted that wholesale meat prices would rise. She said that especially popular items like ground beef were likely to increase in price at the retail level. [12]