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America’s vanishing cattle herd drives beef prices up 15%
Droughts and high costs have shrunk the U.S. cattle herd to its smallest since the 1950s, causing a 15% rise in beef and veal prices over the past year.
Summary by OC Register
4 Articles
4 Articles
San Bernardino Sun+2 Reposted by 2 other sources
America’s vanishing cattle herd drives beef prices up 15%
By Enda Curran and Ilena Peng | Bloomberg While US inflation has cooled from its pandemic-era peak, prices at grocery store meat counters are skyrocketing with no relief in sight. Beef costs have risen faster than most other items in the consumer price index, with the broad beef and veal category up 15% over the past year as of January. Uncooked ground beef reached a fresh record after soaring by the most since June 2020 in government data relea…
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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