Factors affecting beef and cattle producer prices movements: in 2003, beef producer price movements demonstrated changes in supply and demand; previous liquidation, Mad Cow Disease, steady demand, feed prices, and slaughter weights all influenced these changes. From: Monthly Labor Review | Date: May 1, 2005| Author: Norton, Marta | COPYRIGHT 2005 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Producer prices for beef and veal rose 16.3 percent in October 2003, the largest monthly gain since April 1975. October slaughter cattle prices exhibited the largest monthly gain since January 1974, rising 20.4 percent. The index for beef and veal was the primary accelerator for the 2.0-percent gain in the finished consumer foods index, which, in turn, was a major force in the 0.5-percent jump in overall prices for finished goods. The increase in prices for slaughter cattle heavily...

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