The meat has never been more expensive, due to supply shortages, but there's a big squeeze on profits.

With US beef prices soaring to record highs, you might think that South Dakota cattle rancher Eric Gropper would be celebrating.

Yet while the cost of the meat in US supermarkets is now 12% higher than it was a year ago, a rise more than three times the rate of general inflation, Gropper says that he and all the other beef farmers aren’t making any more profit than usual.

  • FirstCircle@lemmy.mlEnglish
    1·
    5 days ago

    Interesting you should mention this. There must have been a beef price “crisis” at the retail level back in the early-mid 70s, because now I remember my parents buying something like a side of beef, having it cut up and packaged, and freezing it at home. They might have actually bought a separate freezer just for this endeavor. I’d totally forgotten about this until now and have never heard of anyone doing a similar thing ever since. They really seemed to think they were beating “The System” at the time but I wouldn’t be surprised if they didn’t even break even given the freezer storage needed.