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Fewer cattle mean that those trips to the grocery store could cost more. Meat prices are currently 7.5% higher than this time last year. ... the latest cattle report by the United States ...
Uncooked beef roast prices rose 6.3% and uncooked ground beef got 3.1% more expensive. Together, beef and veal prices rose 5.3%. But over the course of the year, pork prices overall fell 3.7% and ...
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if President Donald Trump imposes tariffs on Canadian and Mexican imports ...
The official USDA grade designation can appear as markings on retail containers, individual bags, or on USDA shield stamps, as well as on legible roller brands appearing on the meat itself. The USDA grading system uses eight different grades to represent various levels of marbling in beef: Prime, Choice, Select, Standard, Commercial, Utility ...
A long-term drought in U.S. cattle country also disrupted the cycle of raising beef cattle to slaughter weight. The USDA reports that commercial red meat production from January to March was down ...
Feeder cattle futures contracts, traded on the Chicago Mercantile Exchange (CME), can be used to hedge and to speculate on the price of feeder cattle. Cattle producers can hedge future buying and selling prices for feeder cattle through trading feeder cattle futures, and such trading is a common part of a producer's risk management program. [11]
Beef from feedlots can be labeled natural, according to the USDA’s definition. The U.S. Department of Agriculture allows any fresh meat to be described as "natural" if it includes no artificial flavoring, coloring, preservative or any other artificial ingredient. Minimally processed products, such as ground meat, also count as "natural."
U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a decision that will tighten ...