Lightweight calves and stockers were more than 50% higher in late February than one year ago, with heavy feeder prices up over 40% year over year. Fed cattle prices are up about 24% year over year.
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Beef is still expensive at the store even as cattle prices drop and here’s the lag behind it
You feel the sting every time you reach for a pack of steaks or a tray of Ground beef, even as headlines hint that cattle markets are finally cooling. Retail prices are still hovering near records ...
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