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Beef prices hit record; hog rally forecast

December 30, 2011   Copyright: DesMoinesRegister.com / GANNETT


For those looking for sleeper issues in the 2012 election campaign, keep an eye on beef prices. Ron Plain, University of Missouri economist, summarizes record beef prices in a piece blogged by Drovers Cattle Network. Plain adds “since the per capita beef supply is expected to be 4-5 percent lower in 2012, many more months of record retail beef prices are likely in the coming year.” The continued shortage of cattle, made worse this...

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