Publishing date: May 27, 2021 • 1 hour ago • 6 minute read •
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BUENOS AIRES/CHICAGO/SAO PAULO Beef prices are surging worldwide, taking meat off the menu in steak-loving Buenos Aires and spoiling summer barbecues in the United States as Chinese imports rise and the cost of feeding cattle soars.
Globally, the surge is contributing to the highest food prices since 2014, according to the United Nations food agency, hitting poorer consumers particularly hard as they struggle to recover from economic shutdowns triggered by the COVID-19 pandemic.
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Sales to China Fuels Soaring Beef Prices - The St Kitts Nevis Observer
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Rising beef prices squeeze carnivores from Buenos Aires to California
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