High Meat Prices Are Helping Fuel Inflation, And A Few Big Companies Are Being Blamed
Meat prices are climbing fast and the White House says large meatpacking companies that control most of the country's supply are partly to blame.
by Scott Horsley
Sep 14, 2021
3 minutes
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Prices for beef, pork and chicken have surged during the pandemic, and the Biden administration believes it knows who's partly behind it: A handful of big meatpacking companies that control most of the country's supply.
In August alone, wholesale meat prices soared by 8.5%, making it one of the costliest items in the surging bills that consumers face today at the grocery store.
"It's just outrageous. I can't even understand how people are supposed to be able to pay that kind of money for
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