Wall Street Journal: Why the Price of Meat is Skyrocketing

Consumers are paying 10 percent more for meat compared to this time last year, says a new article by the Wall Street Journal entitled “Vegans Rejoice: Meat Prices Rising More Than Fresh Fruits and Vegetables.” So what’s causing the increase in price? It’s a combination of factors, including a drought in Oklahoma and Texas, a virus that swept through pig farms, and a bacterial infection that depleted shrimp inventory. Although part of the increase can be attributed to normal inflation, plant-based foods are not seeing such an incline. The price of fresh fruit and vegetables, overall, are up just three percent since last summer.