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 initially expected 2022 egg prices to be down 0.5% to up 0.5%. While wholesale beef prices decreased by 3.6% in March 2022, USDA noted retail beef prices increased by 1%. “Wholesale pork ...
The CME Feeder Cattle Index was up 12 cents at $249.49 on October 28. USDA wholesale Boxed Beef prices were lower in the Tuesday afternoon report. Choice boxes were down $2.89 to $320.61/cwt ...
It found the market was not behaving rationally and urged a change in USDA rules to give greater transparency on prices to ranchers, buyers, and packers. Whether artificially high beef prices are ...
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 ...
Opinions expressed by Forbes Contributors are their own. I write about commodities through a four-decade lens of experience. The onset of Autumn and reduced outdoor grilling demand won’t cure ...