Hamburgers and steaks, already near record-level prices, are set to get more expensive, writes Patrick Thomas, who shares the consequences of a shrinking cow herd and rising supply chain costs.
When you’re talking about the ultimate price of beef to a consumer, the whole supply chain is under inflationary pressures. Every step along the way is more expensive.” – Tom Windish, Cargill
Source: Wall Street Journal, June 1, 2023. Link.
INSIGHTS: This article was shared by an industry colleague with this comment, “this is what the customer is reading about the availability and prices of beef.”