COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)
I thought there was a meat shortage? From my understanding of basic economics, when supply is decreasing and demand is staying the same / increasing, prices don't usually get cut. So, what gives here? Couple this news with the fact that I haven't seen much in the way of meat shortages in my area and it makes me start to wonder things.
https://www.foxbusiness.com/markets/tyson-foods-may-slash-beef-prices-20-30