Ancedota I know, but the author is writing like Big Business has 100% coverage of the whole market.
Ancedota I know, but the author is writing like Big Business has 100% coverage of the whole market.
In fact, your comment could be read as the exception that proves the rule: you haven't been affected by rising costs because you stick to staples and avoid "frivolous" purchases (that is, you live frugally, as suggested by the article).
https://www.bls.gov/charts/consumer-price-index/consumer-pri...
Energy stands out as actually being noteworthy, but is not discussed in the article compared to food, consumer goods. It is pretty inelastic for most people, especially gas/diesel.
Is America Falling Out of Love With Beef? Surging prices are finally hurting demand for the country’s favorite meat - https://www.bloomberg.com/news/newsletters/2026-08-21/after-... | https://archive.today/2K1Rh - August 21st, 2026
Skyrocketing Beef Prices Finally Have Americans Reaching Their Spending Limit - https://www.bloomberg.com/news/articles/2026-08-16/skyrocket... | https://archive.today/9AYzx - August 16th, 2026
Tyson to Close More Beef Plants as Cattle Shortage Drags On - https://www.bloomberg.com/news/articles/2026-08-13/tyson-to-... | https://archive.today/KYI6P - August 13th, 2026
Beef on craiglist (1/4, 1/2 or whole) is averaging $6-12/lb for mostly grass fed beef raised <50 miles from me.
If I want to get $5/lb ground beef, I have to stick to 73/27 rolls, and they have to be 5lb or larger.
I have started seeing beef/pork mixes for $4/lb, but alas, those are not to my taste.
In oz I have only seen this kind of packaging for pet food or lunch meat (colloquially 80/20 in this case would probably refer to the meat to sawdust ratio).
Otherwise prices in Australia are similar but for beef mince from the supermarket meat counter.