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Wendy’s made the phrase “where’s the beef popular!” Some could now say, “wheres the price of beef headed?” Cattle prices have been moving higher over the past couple of years bumping up against the top of a 30-year rising channel.
Joe Friday…Of late Cattle prices are breaking above this 30-year rising channel. Food inflation about to pick up speed? Off set some of it by owning the etf COW?