date:Jul 04, 2014
president of Brookfield, Wisconsin- based Prime Agricultural Consultants Inc., said in a telephone interview. It is very, very expensive.
Cattle futures for August delivery gained 1.5 percent to $1.546 a pound at 9:48 a.m. on the Chicago Mercantile Exchange, after touching a record $1.55225.
Consumers will pay as much as 6.5 percent more for beef and veal this year, the biggest gain of any food group, the U.S. Department of Agriculture forecasts. The cost of beef for Denver-based Chipotle Mexi