Animal health pros and their customers who enjoy grilling beef will benefit from increased beef production this summer. This surge in output means the U.S. is headed for a meat bonanza. Steaks and burgers will likely rival prices of pork and chicken this summer.
Source: AgWeb, April 17, 2017.
Ground beef in grocery stores has dropped about 9 percent from a year ago, the most recent data from the U.S. Bureau of Labor Statistics show. Steaks are down 6.6 percent. Steak’s premium over pork chops is down 6.5 percent from a year ago.
INSIGHTS: Clean out the freezer, take advantage of promotions and fire up the grill!