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Beef prices, already near record highs, going up again this year

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Beef prices, already at near-record-high prices, are expected to be driven up for the second year in a row this year because of a limited supply of cattle. There were about 91 million head of cattle in the United States as of Jan. 1, according to the U.S. Department of Agriculture. That’s down 2 percent from a year ago — and the lowest level since 1952.

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