| Get ready to pay more for your Independence Day barbecues this year. Both hog and cattle prices were up this month, with hog futures closing in on an all-time high after paring back gains in April and May. Hog prices have skyrocketed more than 30% over the past year due to a virus that trimmed the U.S. herd by roughly 10%.
Cattle futures are set to close the month at an all-time high on reports of tight supplies heading into the Fourth of July holiday, the most popular day for Americans to grill outdoors, according to the Hearth, Patio and Barbecue Association...............................................Full Article: Source
|