John Harrington DTN Livestock Analyst
Fri May 22, 2015 03:43 PM CDT

A Budget-Minded Memorial Day

If you were planning a Memorial Day picnic strictly based on a shoestring budget, chances are the steaks commandeering your holiday grill will be more "tube" than sirloin. At least, that's the sobering implication of the new set of meat spread data just released by the USDA.

The average retail price of choice beef in April was $6.402, nearly a dime higher than March, 9% greater than the early spring of 2014, and the highest in the record book. Although the average price of all beef last month actually declined somewhat from the March record (i.e., ...

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