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Beef prices expected to continue to rise
Story Date: 5/10/2013
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Source: FARM PROGRESS, 5/9/13
Despite a weak U.S. economy, declining supplies of beef will continue to boost beef prices, according to Chris Hurt, Purdue University Extension economist. Hurt previously had forecast a 3% drop in beef production in the first half of the year that would lead to finished cattle prices of $130 per cwt.
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