If it is not bad enough that with projections from the Farmer's Almanac showing this winter with be colder/wetter/more precipitation that electric and gas bills will be extremely high, especially in colder climates, we now are seeing being warned that the price for beef and beef-related products are expected to rise 100% compared to the prices just one year ago.
According to Financial Times, average prices of beef sold in grocery stores and butcher shops, is now higher than it was during the pandemic. The amount of hay stored to feed cattle as of the end of 2022, was at its lowest point since 1954.
Between drought and lack of hay, ranchers are again cutting their herd sizes, which is already at 61 year low.
Fast food restaurants that serve burgers, are also expected to go through another round of price hikes. Fine dining, steaks, burgers, stews, casseroles, will all see price spikes over the course of 2024, with no clue. READ FULL ARTICLE