Meat’s Comeback Won’t Slow Down in 2017

December 14, 2016

Protein prices are down and inventory is up. Why now might just be the best time ever to buy meat.
Why now might just be the best time ever to buy meat.
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Wholesale beef prices are down 30 percent since May 2015. Meanwhile, production is projected to rise 5 percent in 2017.
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Perhaps the best news for restaurant owners and operators going into 2017 is this simple fact:  protein prices will likely remain low for some time.

“If you enjoyed this year, the foundation is in place for very favorable purchase prices for the next several years,” says Don Close, vice president of food and agribusiness research for animal protein at Rabobank, the agricultural-focused banking giant.

How low?

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