Beef Prices Soar To Record High As Meatpacking Plants Shutter

Wholesale American beef prices jumped 6% to a record high of $330.82 per 100 pounds, a 62% increase from the lows in February, according to Bloomberg, citing new USDA data. The surge in beef prices comes at a time when the nation’s food supply chain network has been severely damaged by meatpacking plants going offline due…

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