” severe energy shocks and supply-chain bottlenecks.”
Lots of pasture land was converted to grow corn to make ethanol. Also the corn can’t be used for feed, driving up the cost of feeding livestock. It’s not the 8 percent increase in gas prices. When crude oil goes back to $68 as it was in March, beef will continue to go up.
Thanks you though for providing another reason for the rising cost of beef.
Perhaps you can answer why that corn can not be used as feed for the stock.. No reason why dual-purpose cannot be allowed, that I can see. Perhaps the answer is because they get more for the corn as a fuel additive, than any restriction?