Beef prices hit record high as southwestern US recovers from worst dry spell in 1,200 years
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None The hike is being driven by a shrinking cattle supply as feed costs surge, the FT reported. • None Surging feed costs come as the southwest US recovers from the lowest rainfall seen in 1,200 years. Beef prices have spiked to a record high recently as a megadrought that slammed the US a few…
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