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A pound of 100% ground beef chuck cost $5.59 in October, a penny more than in September. Fresh whole chicken went from $1.98 to $1.99 per pound, maintaining the same pricing as January 2024.
Pork is up only 1%, coming in at $4.19 per pound. The cost of chicken breasts, on the other hand, saw prices actually decline, down 2% on a year-over-year basis, costing Americans $4.24 per pound.
Less expensive, and often healthier, choices include boneless pork chops, which are $4.37 per pound, and whole chickens, which are $1.95 per pound. If you prefer cut-up chicken, opt for legs.
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]
For instance, two pounds of chicken breasts now cost an average of $7.83 nationally, down 4% from a year ago. Likewise, the cost of homemade potato salad dipped 4%.
It is rare for price spikes to hit all major foods in most countries at once, but food prices suffered all-time peaks in 2008 and 2011, posting a 15% and 12% deflated increase year-over-year, representing prices higher than any data collected. [38] One reason for the increase in food prices may be the increase in oil prices at the same time ...