Beef Prices Expected to Decline at Store
03/31/2016

(Nebraska Radio Network)-- It appears that shoppers may be paying a bit less for beef in the coming months. U-S Department of Agriculture Economist Annemarie Kuhns says there are several reasons why they lowered their projections for beef. Included is an adjustment from recent highs due to the beef industry recovering from low numbers in 2014 and 2015.

Kuhns says egg prices should decline between one-half and one-and-a-half percent this year as well.

On the other end, dairy prices should go up between two and three-percent, pork between zero and one-percent and poultry from one-and-a-half percent to two-and-a-half percent. 

Factors including the strength of the U.S. dollar, a decrease in oil prices and a larger supply of produce is helping keep the price down on fruits and vegetables.  

 

 


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