The COVID-19 Omicron variant’s spread among U.S. meatpacker workers is threatening beef output and raising prices, according to Bloomberg.
New data from the U.S. Department of Agriculture shows beef output last week dropped 5.3% YoY, and wholesale prices jumped 1.3% on Monday, the most significant increase since August.
Rising meat prices have been the Biden administration’s core focus as food inflation is a big concern for working poor Americans. Biden’s polling data is near an all-time low as inflation wipes out wage gains.
“He takes away the understanding of the chiefs of the people of the earth, And makes them wander in a pathless wilderness.” Job:12:24
The administration has blamed the meat industry for price-gouging. Still, it appears they have very little knowledge or are unable to or unwilling to admit problems actually driving inflation in the industry, which is related to labor issues.
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