A little more than a decade ago, McDonald’s, America’s largest single buyer of ground beef, noticed that beef prices were surging far ahead of inflation. Earlier this month, McDonald’s filed what may ...
USDA continues to increase its forecasts for food price inflation for various grocery store items, led by beef and pork prices, but so far it has not raised the overall outlook for all foods ...
USDA wholesale Boxed Beef prices were sharply lower in the Wednesday PM report. Choice boxes were down $3.72 to $298.17/cwt, with Select $3.59 lower @ $283.28. The Chc/Select spread tightened to ...
USDA forecasts all food costs this year will rise 2.3%, up from 2.2% in September, with grocery prices expected to climb by 1.2%, up from 1.1% last month. Restaurant prices are still forecast to ...
The CME Feeder Cattle Index was back up $1.27 at $248.75 on October 7. USDA wholesale Boxed Beef prices were higher in the Wednesday AM report. Choice boxes were up $1.61 to $308.45/cwt ...
USDA wholesale Boxed Beef prices were lower again in the Thursday AM report. Choice boxes were down $1.53 to $296.64/cwt, with Select 35 cents lower @ $282.93. The Chc/Select spread tightened to ...
CME December live cattle ended down 0.50 cent at 186.825 cents per pound, while November feeder cattle futures settled down 1 ...
according to USDA forecasts. How can you save money on beef? The sticker shock at the supermarket is real. But don't let rising beef prices ruin your dinner plans or bust your budget. Even the ...
CHICAGO, Oct 23 (Reuters) - Chicago Mercantile Exchange cattle futures turned lower on Wednesday, amid a flurry of technical selling and uncertainty whether consumer demand for beef would chill after ...
while the price of boxed beef has significantly increased, raising consumer prices at the grocery store. Concurrently, the major packing companies realized significant profits, while both U.S ...