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.

  • ValarieLenin@midwest.social
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    2 days ago

    Beef should be grown in a lab. It is a terrible resource sink to how many calories you get when you harvest it from living animals that have to go through a whole life cycle before they can be harvested, and eat the resources that could literally be used to solve world hunger before they are made into ground beef. Not to even mention the ethical considerations, but beef is terrible for the environment as a whole and wrecks entire ecosystem…