Rising beef prices and cattle theft

May 7, 2015

Eric Benson for FiveThirtyEight delves into cattle theft, which can cost an owner millions of dollars overnight, and the link to rising beef prices.

Most cuts of beef increased in cost since 1995, but brisket, while still not the most expensive cut, has really increased in value in the past couple of years. It peaked in January 2015 at $3.52 per pound wholesale. It was only $2.26 in January 2014. That’s kind of big deal considering you’re buying a 10-pound piece of meat at the grocery store, versus a couple of pounds of steak.

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