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Beef has never been more expensive: USDA ground beef retail prices have surged to a record $6.10 per pound. Over the last 3 years, beef prices have risen by over +50%, driven by a severe cattle shortage. Ranchers have slashed herds due to high interest rates, expensive feed,

The Kobeissi Letter

Beef has never been more expensive: USDA ground beef retail prices have surged to a record $6.10 per pound. Over the last 3 years, beef prices have risen by over +50%, driven by a severe cattle shortage. Ranchers have slashed herds due to high interest rates, expensive feed, https://t.co/g0qBhll1OV

The Kobeissi Letter
From X

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