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It’s Not Just Fuel—$7 Corn Is Sending Meat Prices Soaring

May 16, 2021 at 07:26 AM CST

Two of the biggest global meat suppliers JBS and Tyson announced this week that consumer prices would rise due to soaring grain costs and unfavorable market conditions. The consumer price index shows meat prices up 2% already in April, which are expected to increase as the rise plays out across the meat industry.