USA - Retail meat prices rise sixth consecutive month
http://www.porkmag.com/news_editorial.asp?pgID=675&ed_id=9639
20-Jul-2010 (15 years 10 months 20 days ago)Retail prices for meat and eggs rose for the sixth consecutive month in June, reflecting the contraction of the nation’s livestock herds.
The Consumer Price Index for beef, pork, poultry, fish and eggs rose 1 percent in June from May, the U.S. Bureau of Labor Statistics said in a monthly report today. Retail prices in that category were up 2 percent from June 2009.
Beef and pork prices climbed this year as cattle and hog inventories shrunk, forcing meatpackers to bid more aggressively for smaller supplies of slaughter-ready animals.
The Consumer Price Index for beef, pork, poultry, fish and eggs rose 1 percent in June from May, the U.S. Bureau of Labor Statistics said in a monthly report today. Retail prices in that category were up 2 percent from June 2009.
Beef and pork prices climbed this year as cattle and hog inventories shrunk, forcing meatpackers to bid more aggressively for smaller supplies of slaughter-ready animals.