The Cause & Effect of High Beef Prices
Autor: Rachel • November 7, 2017 • 868 Words (4 Pages) • 647 Views
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In conclusion, the option that remains in order to halt the apparent increase in the price of beef is for the United States to decrease it’s excessive exportation into various countries. Secondly, the U.S. keeping most of its produced beef within the nation’s borders will result in the American cattle supply increasing. To further aid in the increase in production of American beef, the amount of cattle-producing farmers will need to increase within the United States.
The United States has several obstacles to overcome in order to resolve this issue, that in which is having a large effect on food companies’ product prices. The greediness of businesses, as well as striving to obtain efficiency in prices, are both examples of such said obstacles that, not only the nation must overcome, but also the food companies.
Work Cited:
McConnell, Campbell R., Stanley L. Brue, and Sean M. Flynn. Microeconomics. 19th ed. New York: McGraw Hill, 2012. Print.
Henderson, Greg. "2014 Outlook: Will Record-Setting Cattle Prices Continue?" AgWeb. Farm Journal, Inc, 10 Nov. 2013. Web. 26 Apr. 2015.
Public Citizen. NAFTA’s Broken Promises 1994-2013: Outcomes of The North American Free Trade Argeement (n.d.): n. pag. Www.citizen.org. Public Citizen. Web. 20 Apr. 2015.
DeNinno, Nadine. "Chipotle Price Increase 2014: Beef, Avocado Prices To Blame For Burrito Cost Hike." International Business Times. IBT Media, Inc, 18 Apr. 2014. Web. 26 Apr. 2015.
North American Meat Institute. "The United States Meat Industry at a Glance." The United States Meat Industry at a Glance. North American Meat Institute, n.d. Web. 26 Apr. 2015.
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