Price Of Beef Increasing, Nearly Unaffordable For Many Americans

Price Of Beef Increasing, Nearly Unaffordable For Many Americans

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Information Technology (IT), Architecture, Business

University

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The video discusses the rising beef prices, which have increased by nearly 21% from last year. Factors such as the war in Ukraine, higher fuel and feed costs, and the pandemic have contributed to this rise. Consumers and businesses are feeling the impact, with some businesses encouraging customers to choose alternatives to beef. The government and industry leaders are addressing these issues, with accusations of pandemic profiteering. Consumers are shifting towards more affordable options like frozen and canned foods.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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