According to analysts polled by BLOOMBERG, due to the constant rise in prices in the US market, this year's grilling season may be partially compromised. “The inflationary environment is starting to take its toll. Instead of steak or chicken, we can have pasta or pizza,” said Michael Nepwe, senior animal protein analyst at Stable usa .
MEAT prices in the US market have continued to rise since the beginning of the pandemic, and the Ukrainian crisis adds another shock wave. Over the past two years, beef and pork have had the highest price increases (25% and 12% respectively) among animal proteins, according to a USDA report released this month. The researchers found that for four types of meat, the average retail price increased by 6.9% in terms of dollars per pound in 2020 compared to 2019. Most of all - by 8.9% - prices for beef increased, while prices for pork, poultry and other meat (mainly lamb) increased by 5.7%, 4.9% and 5.3% respectively. Households increased their average purchases of meat for home consumption by 7.2% in quantitative terms in 2020 compared to 2019. In four categories of meat - beef, pork,
As grain prices continue to rise due to the conflict between RUSSIA and Ukraine, and then other commodities, analysts expect US meat consumption to fall.
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