Tag: beef imports

Beef Prices Shock Food Inflation Metrics

Beef prices have shot past inflation benchmarks, driven by supply shocks, tariffs, and parasite outbreaks. As consumers pivot to poultry, food leaders face a meaty challenge in forecasting demand and managing margins.

Will Beef Prices Stay Elevated into 2024?

Looking ahead, Zimmerman noted that prices would likely increase in the new year, but the magnitude of that increase would likely be more subtle in 2024.