The grocery store is arguably where consumers feel inflation most. According to the Bureau of Labor Statistics, meat costs about 20% more than it did in 2021, and analysts expect prices to keep going up before they come back down. …
The Biden administration is targeting a small group of meat packers for high beef, pork and poultry prices that it says are squeezing consumers and fueling inflation, arguing that they are abusing their market power. …
The North American Meat Institute (Meat Institute) today said consumers saw increased meat prices in 2021 because of labor shortages, greater consumer demand, supply chain problems and other factors experienced by most sectors of the economy. …
The most recent drumbeat from the White House National Economic Council (NEC) blaming the meat and poultry industry for their failed policies and rising meat prices came yesterday in a blog post. Let’s look at the facts according to the federal government’s own data. …
The move comes in response to unprecedented market conditions and inflationary pressures being felt across all industries, affecting Fresh Del Monte particularly as it relates to production and supply chain. …
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