Meat market's glut makes prices leaner
An article in today's Wall Street Journal (registration required, but free access to all articles, at least temporarily) says there's an abundance of meat on the market.
And that is pushing down the prices companies charge and profits they make, David Wessel writes in his column "Capital."
Not that meat-eating consumers are dancing in the streets.
Wessel ends his piece by posing this question: "What is happening to the prices consumers pay for beef, pork and poultry? The short answer: They are down some, but not enough to compensate for the rising cost of gasoline."
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