Beef prices are up to 12% over the past year

The beef prices hits new record. The agricultural department shows that since January, the average price per pound has dropped from 9% to $ 9.26. During last year, steak prices are 12.4%.

The hamburger is not better. Last beef price in the last year is 10.3%.

When shrinking the lowest levels in 74 years, the demand remained higher when shrinking herds. Feed prices are higher and more imported beef costs more.

Egg prices, millions of chicken trucks due to bird flu disturbance, which resulted in a shortage of eggs. The resulting chicken population began to restore From the massacre who increases the supply and returning costs.

This will not be easy with beef.

Herd size can grow longer for a cow to grow, and the growing price of the bait is not expected to be rejected soon, that is, a fair little expenses to grow cattle. Import, this time, is likely Subject to tariffs The forward is moving forward, and this is about 8% of the United States consumption of beef.

The best chance for the price fall is the scenario that everyone wants to prevent. If the household income falls to the point of becoming a luxury, prices will decrease, but the income will also damage farmers who are already dangerous.