Do you think these increases get passed on to the customer...you be they do!
Cattle and hog prices continue to reflect the tighter supplies. Live cattle for October delivery opened up 55 cents per hundredweight Wednesday to $96.50 on the Chicago Board of Trade. That price is almost $15 per hundredweight more than cattle brought a year ago.
Live hogs for October delivery opened up $1.50 per hundredweight in Chicago this morning to $77. A year ago hog prices were headed for a decade-low of $46 per hundredweight.
http://blogs.desmoinesregister.com/dmr/index.php/2010/08/18/americans-eating-through-beef-pork-surpluses/
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