Monday, April 14, 2014

Rising prices mean less beef for your buck

The highest beef prices since 1987 are hitting the pocketbooks of home cooks and restaurant owners. A dwindling number of cattle and growing export demand have tightened the supply and caused the average retail cost of fresh beef to climb to $5.28 a pound in February - 24 cents higher than January. Prices likely will stay high for a couple of years as cattle producers start to rebuild their ...

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