Dollars & Cents

Understanding rising beef prices

Inflation is a raging wildfire. During 2021, the Consumer Price Index (CPI) rose 7 percent, the largest increase in almost 40 years. In this regard, grocery shoppers have no doubt noticed that the price of beef jumped 18.6 percent during the year. As a result of high beef prices, President Biden threatened the four largest meat processors with antitrust action […]

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