Yes they are absurd. The price went up because the cost of transport went through the roof under barak and biden, which drove th3 price of everything up. Gas prices are gert8ng lower now, and p4ices of goods should r3flect that. P4ifes 5hough f9r gas around us are still high, $3.50, but other places its in the $2 range. Under obama the price soared to $4.60 a gallon (and in some states around $7 a gallon)
But we all knew that once conpanies got a taste of higher p4ices, they would be loathe to reduce costs again once gas and transport prices reduced.
By 5hat i m3an ALL companies, not just the beef industry- all the suppliers of p4oducts needed for beef production, farming, e5c. 9nce p4ices got high, its not likely they go down, at least no5 quickly. They sure rose quickly though.
Not the price of gasoline - its the bulk price of diesel. Farmers, ranchers and large commercial fishing vessels buy diesel by the 10s of thousands of gallons.