HIgher wholesale beef prices spur increase in live prices, reflecting ground beef demand. See other USDA market forecasts for this year.
prices will increase 4.1%, down from the 5.0% forecast last month and well below last year’s 7.1% surge. USDA forecasts beef prices will increase 2.7%, while pork prices are expected to drop 1.6%.
Wholesale beef prices remained unseasonably high, adding to bullish sentiment. The USDA priced choice cuts of beef on Wednesday afternoon at $334.14 per cwt, up $1.16 from Tuesday and the highest ...
(Cooking to 160° is the USDA’s recommended temperature for ground beef.) It’s no surprise that the continuing bird flu outbreak is impacting the prices and availability of eggs and poultry ...