3 ms·
Beef price chart, 1986-present
- api 2mo agoBeef is extremely resource intensive. It’s one of the least efficient to produce foods. So some of this is inflation but some is surely costs going up for that reason. Look at world and US population across that time frame. Supply and demand.
- walrus01 2mo agoSee also: 5Y and 10Y chicken price chart, https://fred.stlouisfed.org/series/APU0000706111 https://fred.stlouisfed.org/series/APU0000706111
- beardyw 2mo agoAt least half of that is general inflation.