Retail Meat Prices Rise 9.2 Percent In February

Retail meat prices rose 9.2 percent last month on a seasonally-adjusted basis when compared to February 2010, according to the U.S. Bureau of Labor Statistic’s (BLS) monthly Consumer Price Index.

Pork prices rose 8.9 percent from last year’s level. Beef and veal prices climbed more than 10 percent; beef steaks 11.2 percent; beef roasts 10.6 percent and ground beef 10 percent.

The general “at home” food category has risen 2.8 percent over the past year, with all six of the major grocery store food groups posting increases.

To read the rest of the story, please go to: American Meat Institute