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Summer Reading Contest Winner Week 6: On ‘Your Steak Is More Expensive, but Cattle Ranchers Are Missing Out’ - The New York Times

Thank you to the teenagers who participated this week, and congratulations to our winner, Jiahao, as well as our many runners-up and honorable mentions.

We received 1,048 entries from students from around the world for the sixth week of our 10-week Summer Reading Contest. Thank you to everyone who participated, and congratulations to our winner, Jiahao, as well as the runners-up and honorable mentions we recognize below.

Scroll down to take a look at the variety of topics — from Covid-19 and the war in Gaza to sports betting and shopping carts — that caught the eyes of our participants this week. You can find the work of all our winners since 2017 in this column.

Thank you to everyone who participated and please remember to always check the top of our contest announcement to find the right place to submit your own response, any week from now until Aug. 19.

(Note to students: If you are one of this week’s winners and would like your last name published, please have a parent or guardian complete our permission form [PDF] and send it to us at LNFeedback@nytimes.com.)

Jiahao chose an article from the Business section headlined “Your Steak Is More Expensive, but Cattle Ranchers Are Missing Out” and wrote:

“This is ridiculous! Beef is now $15 a pound, twice what I paid before! It has to be all the relief checks handed out by Biden that are causing inflation!” my uncle asserted, echoing the misinformation he had gotten from social media. Born in China and immigrated to West Virginia over 20 years ago, my uncle has seen his fair share of economic ups and downs. But somehow, he often blames “socialist” welfare policies.

I dismissed his wild guess. With my rudimentary Econ knowledge, I knew it had to be something other than the 5 percent Consumer Price Index increase that was causing the hike in beef prices. “Your Steak Is More Expensive, but Cattle Ranchers Are Missing Out” by Julie Creswell not only confirmed my hypothesis, but also enlightened me to the real reason behind it.

It turns out Big Four meatpackers have been monopolizing the supply for years. Despite the surging demand of post-pandemic consumption, ranchers have seen little profit increase while meat processors are making as much as $1,000 in profit per head of cattle instead of the normal $50 to $150. Meatpackers don’t have incentives to increase production “as they make more money on fewer head counts.”

I told my uncle the real reason behind the beef price hike, and he said it made sense. Thanks to Ms. Creswell, my uncle will be wondering when a Senate antitrust investigation of meatpackers will solve the problem, rather than blaming “socialist” policies, next time he buys another expensive steak.

In alphabetical order by the writer’s first name.

Brooklyn on “Black Valedictorians and the Toxic Trope of Black Exceptionalism

Chuyue on “What I Gained From Self-Defense Class in the Wake of Anti-Asian Attacks

Doyeop on “As Virus Cases Speed Up, Seoul Tells Gym Users to Slow Down

Ella on “They Save the Day. (Every Day.) Six Moms on Their Superpowers.”

Nicole on “School District Agrees to Pay $3 Million After a Bullied Boy, 8, Killed Himself

Patrick on “How to Raise Kids Who Won’t Be Racist

Sriya on “Everyone Has a Theory About Shopping Carts

Steven on “It’s Easy (and Legal) to Bet on Sports. Do Young Adults Know the Risks?

Zijun on “These Chinese Millennials Are ‘Chilling,’ and Beijing Isn’t Happy

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Summer Reading Contest Winner Week 6: On ‘Your Steak Is More Expensive, but Cattle Ranchers Are Missing Out’ - The New York Times
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