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Study Finds Reinstating mCOOL Would Cost Consumers & Meat Supply Chain More Than $1 Billion Annually

The Meat Institute today announced a new economic analysis by Decision Innovation Solutions finds that reinstating Mandatory Country of Origin Labeling (mCOOL) for beef and pork would impose significant costs, more than $1 billion annually, across the U.S. meat supply chain, increasing expenses for livestock producers, meat processors, retailers, and consumers while providing little evidence of increased consumer demand for labeled products.

“This study proves there are real and significant costs to mCOOL which would raise the price of meat for...

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Jul 22 9:35 AM, Expana
Research Study
Meat Institute
Consumer Prices
Beef
Meat Processing
North America

WalletHub Study Reveals Where Fast Food Costs Consumers the Most

WalletHub has unveiled a new study highlighting where consumers spend the most and least on fast food. The study analyzed average prices for burgers, pizza and fried chicken sandwiches across all 50 states and compared those costs with average household income. Researchers based their calculations on the purchase of one burger, one small pizza and one fried chicken sandwich.

“With fast food prices rising by an average of 60% over the past decade, it’s fair for consumers to wonder whether the convenience of having food in minutes...

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Jun 10 11:35 AM, Expana
Beef
Chicken
Cheese
Data Collection
Pizza
Consumer Behavior
Research Study
US Economy
WalletHub
QSR
Foodservice
North America


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