Sunday, March 5, 2023

Beef Prices -- March 5, 2023

What the hell? Link here.

Price of beef, FRED: link here.

  • June, 2020: $4.737
  • August, 2022: $4.937
  • Latest, December, 2022: $4.80

Quarter-pounder:

  • (4.80 / 4) - ($4.737 / 4) = $1.20 - $1.184 = 1.6 cents per quarter pound
  • so I assume the price of a McDonald's quarter-pounder only increased by two cents since 2020. LOL.

China and US exports:

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