A new study commissioned by the Beef Farmers of Ontario suggests cattle farmers aren’t necessarily cashing in on high beef prices at the butcher counter.
Since the pandemic began in March of 2020, the price of beef has risen significantly, from as little as six per cent for a kilogram of ground beef, to as much as 24 per cent for some premium cuts of steak, such as prime rib, according to data from Statistics Canada.
While customers are getting sticker shock at the grocery store or restaurant, the share of the price increase for farmers like Belinda Bowman, the owner of BB Cattle
