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Meat Price Drop Off Takes Place
Washington AP reports that BLS notes August beef prices fell for the first time in eight months though the decline is small and not fully reflective of cattle prices. Farmers received about 2.60 per hundredweight vs earlier reports, with varied changes across cuts and pork. Government forecasts on consumer meat trends remain cautious amid broader supply and demand factors.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Agriculture Department
Corn Belt