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News Link • Food

$4.15 Per Pound: Ground Beef Climbs to Another Record High

• http://www.cnsnews.com, By Ali Meyer

In August, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, said the BLS.  In September, the average price jumped .083 cents to $4.096 per pound, an increase of 2.1 percent in one month.

In October, which is the latest data from the BLS, the average price for a pound of ground beef ($4.156) increased 1.4 percent from September.

A year ago, in October 2013, the average price for a pound of ground beef was $3.389 per pound. Since then, it has climbed 76.5 cents, or about 22.6 percent in one year.

Five years ago, in October 2009, the average price for a pound of ground beef was $2.177, according to the BLS. The price has since climbed by $1.977 per pound, or 90.8 percent.

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