Beef prices to zoom 11 percent this year, pork nears plunge

Beef prices are at record highs, due to the smallest U.S. cattle inventory since 1951, and are now forecast to average 11 percent higher this year than during 2013. In a monthly report on food inflation, the Agriculture Department says “signs of herd expansion are anecdotal at best” and pasture conditions in the West are still… » Read More

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