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Cool weather, fuel prices dampen demand for beef

Issue Date: May 25, 2011

A combination of cool, wet spring weather and rising gasoline prices has affected demand for beef, according to the U.S. Department of Agriculture. In its regular Livestock, Dairy, & Poultry Outlook report, issued last week, the USDA said retail beef demand has declined, "likely due to the dampening effect the cool weather has had on outdoor grilling and the effects of escalating fuel prices on household budgets."

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