Beef’s double whammy
Reuters Video/Yahoo Video
The American beef industry is facing a double whammy of rising input costs and a decline in consumer demand as the economic downturn worsens.Roller coaster feed costs coupled with a decline in global demand for prime cuts of beef are having an unprecedented impact on the American farmer. The million dollar question is, when will consumers once again start saying “Where’s the beef?” Ruben Ramirez reports from Goodhue, MN.
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