Ground Beef Price Drop: Act Now And Save

Cash prices offered by packers dropped substantially over the last couple of weeks. Feed grain prices are down about 25% in 2024, which has incentivized placing more. Why has ground beef become so expensive in recent years? The rise in ground beef prices can be attributed to a combination of factors, including increased feed. Despite this dip, octobers price still represents the.

Beef, long considered a luxury protein, is now facing price points that could. Ground beef comes in two types: Regular ground beef is available for as little as $3. 75. Recent data from statistics canada reveals substantial price increases across beef products, with rib cuts rising 26% and stewing cuts increasing 19% over the past year. The risky next step in that pattern, however, is that if ground beef prices get too high in the us and elsewhere, consumers elect to drop beef altogether, in favour of chicken or pork. It was recorded that the price of pure beef today, thursday (13/7/2023) fell by idr 1,020 per kg to idr 134,190 per kg. These prices are the national average at the retailer level. When compared to the national average price in july, this year it is still more expensive,.