Beef prices surged to an all-time high in July as the market grappled with consistently strong demand and long-term issues in domestic production.

According to the latest consumer price index, which the Bureau of Labor Statistics published on Tuesday, the beef and veal index rose by 2.5% in July, compared to 0.2% for the broader food category. This capped an 11.3% increase over the past 12 months.

Meanwhile, the price of ground beef and uncooked beef steaks has risen by 11.5% and 12.4%, respectively, both now at record levels.

    • slaneesh_is_right@lemmy.org
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      2 days ago

      Never stop winning.

      Yesterday i made rice with beans and i used to eat that to save money or i didn’t have anything else. Now i just absolutely enjoy it.

    • M0oP0o@mander.xyz
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      1 day ago

      The price of beans and lentils in my area have tripled in the last 2 years.

      Even rice is getting expensive