Increase in Beef Supply Should Cut Retail Prices

A mountain of meat has ended the longest rally in U.S. cattle prices since at least the 1960s, when baby boomers and McDonald’s ushered in the American burger boom. Not only have ranchers added to their herds, but consumers are being inundated with increased supplies of cheaper pork and poultry. Ground-beef prices are down from a record high 11 months ago, and buyers like Darden Restaurants Inc., owner of the LongHorn Steakhouse...

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Fattest-Ever U.S. Cattle Herd Signals End to Record Beef Prices

Chicago — Cattle in the U.S. are now the fattest they’ve ever been, signaling an end to the seven-year run of record beef prices just as losses begin to mount for American feedlot owners. Tom Fanning, who manages a feedlot herd of 30,000 in Buffalo, Okla., said he loses $100 to $300 on each animal he sells to slaughtering plants, even though they are bigger and produce more meat than ever. Its worse for other producers. On average,...

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Grass-Fed Beef Fills Market Niche
Nov01

Grass-Fed Beef Fills Market Niche

Deleon Springs, Fla. — Cow No. 150, her pregnant belly bulging, nosed around rancher David Strawn’s pickup hoping to find something good to eat in the bed of the truck. For decades, Strawn’s family raised cows, lambs and pigs on this lakeside spread about 40 miles north of Orlando. But when his father died in 2002, Strawn shifted the family business to grass-fed cattle, eventually eliminating the other animals. Strawn loves a good...

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Beef on the Grill Will Cost More
May17

Beef on the Grill Will Cost More

Kansas City, Mo. — If beef is on the menu, firing up the grill this year will cost you more than ever before. And not just a bit more. The average price of a sirloin steak is up almost 20 percent from a year ago. An 8-ounce filet mignon costs $15 or higher at some Kansas City area stores, for example, or you can get six shipped online to your door for $180. Two pounds of extra-lean ground beef can set you back $12, a couple of dollars...

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