TITLE

Cattlemen get some positive news

PUB. DATE
May 2004
SOURCE
Southeast Farm Press;5/5/2004, Vol. 31 Issue 13, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports about increasing prices of poultry products in both wholesale and retail markets. Every extra dollar that a consumer spends on gas is a dollar that can no longer be spent on something else. Higher gas prices eat into a consumer's disposable income, and a reduction in disposable income affects the consumption of everything else including meat. Beef demand in particular should be expected to be somewhat sensitive to changes in disposable income since a relatively large proportion of beef is consumed away from home. It appears that a significant factor supporting demand in the meat complex is the popularity and widespread acceptance of high protein diets such as the Atkins and South Beach diets.
ACCESSION #
13027274

 

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