Beef prices surged to an all-time high in July as the market grappled with consistently strong demand and long-term issues in domestic production.
According to the latest consumer price index, which the Bureau of Labor Statistics published on Tuesday, the beef and veal index rose by 2.5% in July, compared to 0.2% for the broader food category. This capped an 11.3% increase over the past 12 months.
Meanwhile, the price of ground beef and uncooked beef steaks has risen by 11.5% and 12.4%, respectively, both now at record levels.
*American Beef Prices.
The rest of the world is doing fine.
Here in Denmark meat has become a lot more expensive the past couple of years.
500g used to be a standard package almost everywhere, but now 500g is reduced to 400g, and despite being 20% smaller, it is more expensive!
But at least prices have stabilized here, while the opposite seems to be the case in USA.
Hmm idk about that. Where I’m from, 500g of minced beef is over 7 euros, and everyone I know has basically stopped buying beef, bc it’s not worth it anymore. And we are historically a big consumer of beef. Tbh less beef consumption is probably a good thing, in the grand scheme of things, but that doesn’t stop people complaining about it ofc.
If by fine you mean “destroying the Amazon to keep eating steaks” then yes, you’re correct
Not everywhere imports beef from the Amazon.
But they do make the most beef in the world after the US.
Yes, undoubtedly, and they do impact global beef prices regardless, however, many countries that are net exporters of beef have controls and supply management systems in place to keep domestic prices relatively low and unimpacted from the international market.
If you’re in Australia, New Zealand, Canada, Argentina, Switzerland, or Germany for instance, you are probably eating mostly local beef and probably haven’t seen your prices skyrocket the way American ones have.
Wherever you live almost certainly does
can you show your work?
Palmfat: https://speerstra.com/producten/bergafat-f100-pensbestendig-vet/ Soy: https://degrootdiervoeders.nl/shop/boerderij-erfdieren/lammerperiode/voeding/soyaschroot-44-25kg-soyaschrootmeel