Beef in the US has become cheaper than pork and chicken meat

U.S. beef production is at record highs by the end of 2022 due to an abnormal drought. Animal farmers, unable to feed their livestock, were forced to drastically reduce their herds, which led to a surplus of meat on the market. "We're on track to do a record amount of beef this year, over 28 billion pounds," thecattlesite.com quoted livestock economist David Anderson as saying. At the same time, wholesale prices for beef decreased significantly compared to last year. According to Anderson, this will soon be reflected in retail prices. "Beef has become cheaper than pork and chicken in recent months, as beef prices have fallen significantly. "Retail prices for pork and chicken according to the consumer price ...