Why is steak so expensive in the US?

Question

I live in southamerica where beef is not expensive. It's something you eat almost everyday.

Answer 1

It isnt that expensive, it just depends on what cut of meat you get. There are cuts that are "better" than others, so in turn they are more expensive.

Answer 2

I have never had the South American beef, so I don't know if it's the same... I was in Central America and had beef there. It was in no way comparable to the beef we have in the US. Our's is much thicker, and much better cut of meat. Frankly, our's tastes better (though maybe that's just cause I'm not used to Central American steak).

Answer 3

In America, we have a capatilist economy, which translates into people can charge whatever they want for anything they sell. If you can sell beef for $2.50 a pound, then why sell it for $1.00 a pound? The point of starting a business is to make money; why make less when you can make more?

Answer 4

Supply and demand curves - my dude. You guys may be net exporters of beef and the US may be net importers.

Answer 5

Today's chefs getting greedy and charge a lot to cook

Answer 6

I love the meat, meat meat meat meat is so good good in my tummy tummy tummy tummy full of meat makes me want to sing the meat song all day long

Answer 7

I guess it's because of the high wages, high cost of packaging, cost of shipping, etc...You think our price's are high, try buying a piece of meat in Japan....Check out their price's, and you'll be amazed.....

Answer 8

We got lotsa bulky types so the cow people are probably trying to do them a favor by helping them slim down.

Answer 9

because the demand is high and so they want to charge more...remember the theory of demand and Supply?

Answer 10

supply and demand