If you’re a meat-eater, you may want to keep an eye on prices and stock up the next time you get a chance.
Beef, pork and poultry prices are predicted to take a roller-coaster ride soon that is expected to end uphill next year, the result of the drought and a withering corn crop.
“It is important to recognize that corn is a core ingredient in livestock feeds, and that other ingredients are priced in relation to corn," said Glynn Tonsor, an agricultural economics professor at Kansas State University. “Accordingly, as corn prices increase, the cost of producing meat goes up, and therefore retail meat prices will also increase."
But before that happens, there likely will be a drop in prices, experts say.
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