WebFeb 2, 2024 · A severe drought grips the Western U.S. has caused an unexpected plunge in the cattle herd, indicating ‘meatflation’ will be sticking around this year as consumers pay near record-high beef prices.U.S. Department of Agriculture’s (USDA) biannual cattle inventory report for the second half of 2024 shows that the U.S. herd fell 2% a year ago. WebNov 8, 2024 · A Rib Roast Can Set You Back $100 as Meatflation Hits Shoppers Price of some cuts of beef up more than 20% in supermarkets Canada shopper finds $100 rib …
Meat Inflation Eases as US Consumers Turn to Cheaper Cuts
Web1 day ago · Core wholesale inflation was up just 3.4% from March 2024, the lowest year-over-year rise since 2024, according to the Labor Department. Behind last month's drop in overall core prices was a sharp ... WebNov 12, 2024 · "Meatflation" The dramatic rise in meat prices was dubbed as "meatflation" by Bloomberg this week. And while consumers are seeing spiking prices, livestock producers aren't benefiting from the price increase. In fact, pork producers have seen hog prices plummet as input prices have spiked. inspire official site
Fresh Take: Unearthed Texts From McDonald’s CEO, …
WebI loved Soot Bull Jeep! Prices keep creeping up ($10 up on the short ribs in 2 years, $5 of that just since May!) but such is the world right now with meatflation. Just keep in mind the … WebJul 13, 2024 · Meat: “Meatflation” took hold late last fall, sending the prices for several types of meat soaring. For now, those prices seem to have stabilized. Overall, meat prices are 1.3% lower than May (seasonally adjusted), with beef, veal and pork seeing across-the-board declines. Chicken is a notable outlier, with prices jumping nearly 19% from ... WebNov 8, 2024 · (Bloomberg) -- Inflation’s next victim might be your Sunday dinner. North American beef prices are soaring as a labor crunch squeezes meatpackers and supply … jetblue flight and car rental