Phoenix68
Well-Known Member
- Joined
- Mar 12, 2022
- Messages
- 19,092
"Americans are facing an increase in beef costs that made steak prices spike 16% to $12.73 per pound and ground beef to $6.70 per pound in March 2026, according to data from the Federal Reserve Bank of St. Louis, WIBC- Radio reported.
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Five years ago, ground beef averaged $3.96 per pound, and $3.75 a pound 10 years ago, the report said.
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As the price of beef increases at both supermarkets and restaurants, consumer demand for the product has fallen, reducing sales in these retail sectors."
.
Five years ago, ground beef averaged $3.96 per pound, and $3.75 a pound 10 years ago, the report said.
.
As the price of beef increases at both supermarkets and restaurants, consumer demand for the product has fallen, reducing sales in these retail sectors."
.