What is the reason for the record increase in beef prices in the United States?
Beef prices in the United States have hit a record high this year. Although the price of beef is naturally a little higher during the barbecue season in the country, the price has increased much more this year compared to last year. Experts believe that there are several reasons behind this. And American consumers will not be able to escape this situation anytime soon. According to US government estimates, the average price of a pound of beef in June this year stood at $6.12, which is about 12 percent more than last year. On the other hand, the price of a pound of uncooked large cuts of meat has also reached $11.49, which is an increase of 8 percent in a year.
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