U.S. Beef Prices Rise as Covid Sickens Slaughterhouse Workers Again

Cattle Ranchers Getting Crushed by Higher Costs
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U.S. beef prices jumped to the highest levels since November, threatening to worsen already raging food inflation.

Production has slowed as the omicron virus variant sickens workers. Beef outputBloomberg Terminal last week fell 5.3% from a year ago, and wholesale prices on Monday climbed by 1.3%, the most since August, according to the U.S. Department of Agriculture.