reported more than 50% of U.S. pastures as rated poor to very poor in May. Less green grass means fewer slaughtered cows to feed to the supply chain., which affects pricing along the supply chain due to increased transportation costs.There also may be one more sinister answer lurking behind the high price tag—price gouging.
President Biden addressed this meat monopoly during a brief about inflation's impact on the economy on May 10.."They process the meat that goes into the hamburgers you buy, so they set the price. When there's no competition, they can set the price higher and higher."
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