Birdwatch Note Rating
2023-12-25 00:37:27 UTC - HELPFUL
Rated by Participant: E6C53B7CBA6BDC743F5EC1EE3A73507E78102C2310DEDE5A88A7BF462B2F7032
Participant Details
Original Note:
Beef prices are influenced by multiple factors, not solely by economic policies. The 2023 price of $18.99/lb for Beef Ribeye USDA Prime is below the inflation-adjusted 2018 price ($16.99) of $21.41/lb. For inflation & beef price data, see BLS Calculator & USDA reports https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=16.99&year1=201812&year2=202311 https://www.ams.usda.gov/market-news/livestock-poultry-grain https://www.eatlikenoone.com/cost-of-rib-roast-tenderloin-at-costco-2018-prices.htm
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