4 ms·
Beef 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
by api 1mo ago
Beef 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 1mo agoSee also: 5Y and 10Y chicken price chart, https://fred.stlouisfed.org/series/APU0000706111 https://fred.stlouisfed.org/series/APU0000706111