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Meaty hike: University agricultural economist breaks down record high meat prices

If you’re cooking out this Memorial Weekend, plan on spending some extra money for your food, says a Kansas State University agricultural economist.
Glynn Tonsor, associate professor, says beef and pork prices are at an all-time high. Beef, which costs about $5.50 a pound, is 13 percent more compared to last year. Bacon and pork chops have increased by 15 percent.
Tonsor says several factors are contributing to the increased prices, such as the drought, the historically low number of cattle and recent animal health diseases.
“There are new animal health concerns in 2014,” Tonsor said. “We simply ...


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