Beef prices surge across Canada

This is a news story, published by financialpost, that relates primarily to JBS news.

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capita beef consumption

financialpost

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Entertainment

Beef prices surge as barbecue season approaches

Summary

Nutrition label

62% Informative

Prices for striploin steak are 34.2 per cent higher since January , while top sirloin is up 33.7 per cent .

Pork ribs and chicken breasts are each up 5.9 per cent during the same period.

Canadian inventory is also an issue since it has fallen to 3.38 million head, the lowest level since 1989 .

In February , Brazilian meatpacking company JBS agreed to pay US$ 83.5 to settle claims that it worked with other companies to artificially inflate prices.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful