The Consumer Price Index for beef, pork, poultry, fish and eggs rose 1 percent in June from May, the U.S. Bureau of Labor Statistics said in a monthly report today. Retail prices in that category were up 2 percent from June 2009.
Beef and pork prices climbed this year as cattle and hog inventories shrunk, forcing meatpackers to bid more aggressively for smaller supplies of slaughter-ready animals.
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