Beef prices have been soaring and the cost is about to get even worse.
you’ve probably noticed that prices are soaring. the bad news is … it’s about to get worse. the reason… there just aren’t enough cattle in our country anymore. it’s because feed and other costs have skyrocketed… causing ranchers to start cutting their herds to make a living. last summer’s drought… multiplied the reduction. Which not only caused many producers to liquidate their cattle, but we’ve also seen an extreme shortage in feed. Therefore driving the price of actually producing these animals to go up. in the past 5 years… the price of ground beef has jumped from 2-87 a pound… to 3-55 a pound. that’s a 24 percent increase. if you like steak on the barbie…it’s seen a 14 percent jump to more than 6 bucks a pound. facebook’s highly
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