Beef price outlook dreary for future
Purdue economist David Petritz says beef prices will rise for years as cow herds rebuild. U S Agriculture Dept average for five cuts hit 1.63 per pound in March, a level seen during 1973 boycotts. Prices may not drop soon as inflation hedge fades and cattle numbers replenish slowly.
MENTIONED IN THIS ARTICLE
Purdue Univerity
David Petritz
U.S. Agriculture Department
Petritz
Purdue
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