Farmer share of retail value of red meat declining

Farmer share of retail value of red meat declining

Pork,beef market prices have declined significantly over past year.

According to the U.S. Department of Agriculture’s Economic Research Service, the spreads between farm prices for hogs and cattle and retail prices for pork and beef have widened over the past 18 months, leading to a decline in the farmer share of retail red meat prices.

Growing cattle inventories and increased pork

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