U.S. retail-beef prices fell to $4.43 a pound in May from a revised record of $4.444 in April, the U.S. Department of Agriculture said today in a report on its website.
The price jumped 11 percent from $3.998 a pound in May 2010.
The gauge is a composite that includes choice beef, along with other beef and hamburger values, the USDA’s Economic Research Service said.
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