Live cattle just closed at their highest price on record and are now up ~20% this year alone.
— The Kobeissi Letter (@KobeissiLetter) September 22, 2023
Meanwhile, olive oil prices are up 100% and orange juice prices are up 70% this year.
Inflation on food away from home stands at 6.5% and inflation on meats, poultry, fish, and eggs is… pic.twitter.com/v4mprshMG9
Back to basics is ALWAYS a good business strategy…
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