3 ms·
It's because the price has risen dramatically leading people to go to alternate proteins. Even though I have far more money now than I did 10-15 years ago, I e
by bane 10y ago
It's because the price has risen dramatically leading people to go to alternate proteins.
Even though I have far more money now than I did 10-15 years ago, I eat far less beef because it seems that the price has maybe more than doubled. This tracks in the commodity pricing for beef. In Feb 2002 beef was ~$1/lb at commodity pricing. Today it's about $1.85/lb. In 2015 it hit a high of $2.72/lb.
I'm not sure it's a bad thing to be honest. Beef isn't my favorite meat, and it's definitely not the healthiest protein.
However, chicken prices are way up as well.
On the other hand, pork is very cheap, ~$.70/lb wholesale, and has stayed pretty steady.
http://www.indexmundi.com/commodities/?commodity=beef&months=240 http://www.indexmundi.com/commodities/?commodity=beef&months...