High beef prices to stay for years to come, says Guelph analyst

June 8, 2015 | News Article

“Beef is going to be high and it’s going to stay high,” Kevin Grier, a Guelph, Ont.-based independent consultant who analyses the price of livestock, meat and groceries, said in a phone interview. Beef consumers will likely feel the price shock for quite a while, Grier adds. He says it will take farmers years to rebuild North American herd levels, which are at historic lows.”

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