Beef Falls to 40-Year Low on Drought Feed Costs

Beef Falls to 40-Year Low on Drought Feed Costs Play

Aug. 23 (Bloomberg) -- Bloomberg's Alix Steel reports that beef costs have fallen to a 40-year low due to rising feed costs and looks at the other wide-ranging impacts of the U.S. drought affecting corn and soybeans. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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