JBS, the world’s largest meatpacker, said consumers’ appetite for beef isn’t waning despite rising prices. Beef prices have been going up over the past two years after ranchers shrunk the size of ...
While the price of ground beef, a staple for McDonald’s, Wendy’s, Burger King, and others who are suing the packers, has almost tripled since 2010, the price of steak has risen more slowly.
According to Statistics Canada, the price of beef stewing cuts has increased by 19% in the last year, while beef rib cuts surged by 26%. Even ground beef, often considered the most affordable beef ...