Meat costs trace from rancher to supermarket trade
An economist explains why live animal prices are far from the cost to consumers for meat. He uses a 7,000 pound steer example, showing live price 40 cents per pound, dressed carcass value 64.5 cents, usable 440 pounds, and final retail around 2.00 per pound after processing, transport, labor, packaging, and profit. The piece notes other cuts and burger averages, concluding packaged ready meat is far from the live animal.
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Robert Coppersmith
New Mexico State University
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