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Higher Supplies Keeping Consumer Meat Prices Lower

Dan Beef, Industry News Release, Pork, Poultry

Higher supplies of meat will continue to pressure consumer prices lower, according to a forecast by the Department of Agriculture. The USDA Economic Research Service Food Price Outlook predicts beef and veal prices to decrease one to two percent in 2017 but increase the same amount in 2018. That’s because, in August, the U.S. cattle herd was at its highest …