‘Where’s the beef?’ Tracing meat price inflation from the ranch to the restaurant

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Media Conglomerate: Nexstar Media Group

Media Conglomerate: Tribune Media

‘Where’s the beef?’ Tracing meat price inflation from the ranch to the restaurant

Chicago consumers – like people across the country -- are wrestling with the worst inflation in decades, as they pay more for everything from gas to groceries. In fact, food prices have seen some of the most severe upswings, according to an analysis by the U.S. Department of Agriculture. But one product has seen a sharp increase: beef.  Average prices for beef at grocery stores are near record levels. In March of 2022, prices were 20% higher tha…