Floor planning is a form of financing for large ticket items displayed on showroom floors. Floor planning is a form of financing for large ticket items displayed on showroom floors. Topics
In February, the average retail price per pound for beef was $3.87, up 12.4% versus a year ago, according to market research firm FreshLook Data. The average retail price for a pound of chicken was up 3.9% in February versus a year ago, turkey was up 5.4%, veal up 6.7% and pork up 10%. Among all meat production, beef producers typically incur some of the highest production costs. For example, costs for cattle farming are much higher than for poultry farming.
This can be said with any meat purchase. While a rack of lamb or a decent chop might cost you between $12 to $15 per pound, one can easily buy lamb ribs for under $5. Prolificacressheepfarm.com, for example, sells its lamb meat for $4.50 to as much as $15 per pound. Ribs retail for as little as $4.50 per pound, while the loin and sirloin chops retail for $12 per pound.