There’s a beef shortage in America, and it’s driving up prices at the grocery store for burgers and steaks just as the summer outdoor grilling season gets started. This isn’t helping fight the affordability crisis, so what can be done to make those cheeseburgers less expensive?
Ground beef prices hit record highs this year, with average prices approaching $7 per pound nationally. That’s almost 15% higher than consumers paid last year and more than 50% higher than five years ago. Beef and veal prices continue to increase in a way that far outpaces wages.
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