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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 ...
The USDA reports that beef production in 2024 is forecast to be about 3% lower than in 2023, and last year also marked the fifth straight year of a decrease in available beef cows.
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 Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by the United States Department of Agriculture found that as of ...
The president of the National Cattlemen's Beef Association told The Washington Post that "If testing is allowed at Creekstone, we think it would become the international standard and the domestic standard, too." [1] Creekstone Farms says tests cost about $20 per animal, increasing the cost of beef by about 10 cents per pound. The USDA currently ...
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