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Source: 95.3 MNC, 9/9/20
The farm-to-retail price spread is the difference between the cost a consumer pays, versus what the farmer receives. American Farm Bureau Federation Economist Michael Nepveux says the pandemic created a record gap between what consumers pay for beef and pork and what farmers actually get. “If you look at the farm-to-retail price spread for beef, in June it was $5.21 per-pound and that is the highest it’s been ever since the data was collected beginning back in 1970." For more of this story, click here.
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