Beef prices hit record high as southwestern US recovers from worst dry spell in 1,200 years

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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