beef commodity costs

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Expect commodity costs to keep falling in 2017

Beef costs expected to fall in the double digits

Low corn prices and supply increases should mean more reductions in food costs in 2017, especially for proteins like beef that are central to many restaurant chains’ spending, according to supply chain management firm SpenDifference.

The lower costs should help restaurants offset higher prices for things like labor and rent — but could continue to make the sales environment more challenging as grocers lower prices and more people eat meals at home.

“2017 is s

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