Source: FEEDSTUFFS, 1/26/22


Retail meat prices in the U.S. increased rapidly in 2021, drawing the attention of consumers and policymakers alike. As of December 2021, pork prices were up 15.1% year over year while beef and chicken prices were up 18.6 and 10.4%, respectively, based on the Bureau of Labor Statistics Consumer Price Index (CPI). Much scrutiny has centered on concentration in the meatpacking industry,  but a new report issued today by economists at Iowa State University, North Carolina State University, and the National Pork Producers Council found that pork prices...

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