America is getting roasted by beef prices
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This accelerated appetite for beef is running into a big problem: the cost. Ground beef prices recently hit a record of $6.90 per pound, per the Bureau of Labor Statistics, and beef and veal prices are up nearly 15% from a year ago, far outpacing overall inflation . Data from the market research firm NIQ shows that Americans have spent $42.4 billion on beef over the past year, even as they bought less of it overall. That burger-dollar isn't going as far as it used to. As grilling season
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