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Saturday, December 20, 2014

Price of Ground Beef Climbs to Another Record

The average price of a pound of ground beef climbed to another record high -- $4.201 per pound -- in the United States in November, reports the BLS.

In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013. In September, the average price jumped to $4.096 per pound, and in October, the average price climbed to $4.154 per pound. In November, the average price hit the highest price ever recorded -- $4.201 per pound.

A year ago, in November 2013, the average price for a pound of ground beef was $3.477 per pound. Since then, the average price has increased 20.8 percent in one year.

Five years ago, in November 2009, the average price of a pound of ground beef was $2.062. The price has since climbed by $2.139 per pound, or 103.7 percent.

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5 comments:

  1. With a bumper crop in grain this year one would think beef would go down because the price of grain down! Not so thanks to our government knowing what is best for us by taking the feed grain and mandating it be turned into alcohol for an additive to gasoline. By doing so the price of gas is higher, gas mileage is lower (adding more pollutants to the air by lower mileage not to mention the polution created during the production of the alcohol), it damages any fuel system not designed for it and has driven the price of grains for livestock up and thus what we pay for it! And all of this is suppose to be better for us overall, someone explain to me how all this is better for us!!

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  2. I refuse to buy it!

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  3. Eat more Perdue chicken!!

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  4. have an apple, better for you.

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