3 ms·

Beef prices falling dramatically? What's your source?

• argiopetech 3y ago
  Yep, haven't seen this locally.
• ramesh31 3y ago
  >Beef prices falling dramatically? What's your source? https://tradingeconomics.com/commodity/beef https://tradingeconomics.com/commodity/beef It's been on a steady decline since '22, with a big drop late last year. Anecdotally, I've been seeing choice ribeyes/strips locally for ~$6/lb in the last few months.
  • Solvency 3y ago
    Eel river ribeyes used to be $11 at Whole Foods. They are now $18.99. This is a recent price hike. Prices are quite literally multiplying.
    • SkyPuncher 3y ago
      A single brand is not representative of the industry.
    • ramesh31 3y ago
      >Eel river ribeyes used to be $11 at Whole Foods Grass fed is a totally separate category. Commodity feedlot beef has been falling precipitously, as mentioned. Currently eating a $7 porterhouse right now.
  • argiopetech 3y ago
    Great resource, thank you. Looking forward to seeing these results in local stores.