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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 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.
New government figures show the price of beef rose about 5 percent last year, and could jump by even more. Beef prices are high and likely to go much higher. That all-beef hamburger patty will ...
The boycott rose out of small, local organizations of consumers across the country as prices for meat rose dramatically. [4] [5] These groups were primarily female led, as women traditionally bought the groceries for their households, and these groups grew both from people that only joined together around this issue and already existing women's and community groups.
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 ...
The current spread accounts for about three-fourths of the retail price for a market basket of foods, according to USDA. The farm value varies for each type of food; for example, in 2004, it accounted for about 35% of the retail cost of eggs, compared to about 19% for fresh fruit and vegetables, and about 6% for cereal and bakery products.
In the upcoming months, some people might have a beef with beef prices. 'Ground beef is now selling for about $3.50 a pound and prices could rise another 15% in the coming months,' 'GMA' explains.
Prices in restaurants are rising across the spectrum, from top-notch eateries to fast food chain Wendy's, which has raised the price of its quarter pound burger by 4-8 cents in the past year.