The price of meat explodes in America

“Beef prices have surged 9% since the beginning of the year, hitting a new record high due to heightened demand and dwindling supplies, according to the U.S. Department of Agriculture (USDA).” https://www.foxbusiness.com/lifestyle/beef-prices-surge-demand-outpaces-supply-recovery-more-unpredictable

“Ground beef prices rose by 10.3% in June, when compared to the same time last year, surpassing $6 per pound. The price of steak rose by 12.4% within this period.” https://time.com/7304845/ground-beef-prices-record-highs-united-states-reasons-outlook/

“Ground beef prices across the U.S. continue to reach new highs, driven by shrinking cattle herds, with looming import restrictions threatening to push costs even higher.” https://www.agdaily.com/livestock/beef-prices-are-breaking-records-heres-what-there-is-to-know/

“Tyson’s chief supply chain officer told analysts the company saw an ‘extreme drop,’ almost 18%, in the number of cows being sent to slaughter.” https://www.foxbusiness.com/lifestyle/beef-prices-surge-demand-outpaces-supply-recovery-more-unpredictable