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Home Market Research Markets

From Filet to Frugal: Outsmarting the Soaring Cost of Beef

by TheAdviserMagazine
7 months ago
in Markets
Reading Time: 1 min read
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From Filet to Frugal: Outsmarting the Soaring Cost of Beef
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YARUNIV Studio / Shutterstock.com

Americans have faced rising grocery prices before, but beef is now the latest sticker shock. Ground beef and steak are up more than 10% and 12% over the past year, respectively, according to CNN. At $9.26 a pound on average, beef costs are testing household budgets. Unlike eggs, which experienced a price decline after their supply rebounded, beef is tied to long-term issues in the cattle…



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