The Retail Rundown: Filling in the Gaps; CPI Update
Post-Easter, grocers are in somewhat of a lull over the next few mostly uneventful weeks when it comes to retail occasions.
Retailers are currently securing inventories for Memorial Day needs and the peak grilling demand period that follows. A combination of supportive factors including warmer weather and a seasonal decrease in red meat supplies typically boosts both buying activity and wholesale beef and pork prices.
Over in beef, cattle supplies are undergoing a significant tightening following several consecutive years of drought-induced herd liquidation and elevated feed costs...
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