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:

• China's appetite for beef, Reuter's: link here. 
• China's appetite for beef, northernag: link here. 
• US beef exports, agweb: link here.