Long-term outlook for beef prices positive

In this weekly Commodities Watch column, John T. Barone, president and commodities analyst for Market Vision Inc., offers a snapshot of the state of commodities for restaurants.

In last week’s Livestock, Dairy and Poultry Report, the USDA gave a bearish outlook for near-term beef prices, citing flagging retail demand in the face of high prices and a weak economy. The USDA also said that lingering drought conditions have supported a high level of heifer sl

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish