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Beef, pork prices to drop, poultry prices to rise in 2017, says USDA

The USDA Economic Research Service (ERS) is predicting consumer prices for beef and pork will keep falling in 2017 while poultry prices will start to creep up as commodity markets continue to correct following events in 2014 and 2015.

Beef and veal prices are predicted to decrease 1% to 2% year-over-year in 2017, according to the latest USDA ERS forecast from Nov. 23.

Lower feed prices and improving drought conditions in Texas and Oklahoma have allowed ranchers to continue

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