A pound of ground beef is now at $5.67, a record high and an increase of 43% since January 2021. Beef, long considered a luxury protein, is now facing price points ... As of July 1, Canada ...
A pound of ground beef is now at $5.67, a record high and an increase of 43% since January 2021. Beef, long considered a luxury protein, is now facing price points ... As of July 1, Canada ...
The situation is no different in the United States, where a pound of ground beef ... In 2015, beef prices at retail surged nearly 30% within a few weeks due to drought-induced cattle sell-offs.
“Retail buying ahead of Labor Day has passed, so boxed beef prices dropped,” Austin Schroeder, analyst at Bruegler Marketing, said. Most-active CME October live cattle LCV24 closed down 0.725-cent at ...
Negotiated sales were at steady money early last week but were 50 cents to $1 higher by Friday. Fed cattle supplies are not expected ... The decrease in non-fed cattle harvest continues to impact ...
As Figure 1 shows, the gap has been particularly wide throughout 2024 compared with recent years, with the year-to-date differential on an R3 steer averaging 68c/kg. The average gap across all of 2023 ...
As of July 1, Canada’s cattle herd was the smallest since 1987 ... The situation is equally concerning in the United States, where ground beef prices have reached a record high of $5.67 per pound, ...