Most indicators continue to point to higher beef prices in 2011. In particular, ground beef buyers need to be extra vigilant. The current seasonal market bottom should offer some of the lowest beef trimming prices to be had for quite awhile. Domestic 90s, or 90-percent lean, beef trimmings prices should bottom seasonally in December in the mid- to low-$1.40s per pound, and that will be the best number for a very long time. A weak dollar and limited supplies virtually have ...
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Contact: Desiree Torres Desiree.Torres@penton.com