Date of this Version
Cornhusker Economics, September 27, 2000, agecon.unl.edu/cornhuskereconomics
From 1979 until 1997 inflation-adjusted, retail beef prices in the U.S. declined by over 30%. During this same time period, per capita consumption declined about 10 pounds. These two facts, declining prices and declining consumption, lead to the conclusion that demand for beef in the U.S. declined over this time period.