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One of the stories we just didn't have time for is about beef prices and here it is: USDA released retail meat prices detailing what consumers were paying for meat in June. All fresh aggregate retail prices of beef hit new all-time highs in June, increasing to $7.57 per pound, about 3 cents per pound over the previous record high in October of 2021. Retail fresh beef prices are 3.1% higher than last year at this time. Retail pork prices continued to decline, coming in at $4.68 per pound, about 5% lower than last June. Broiler retail prices ticked higher. The composite price is 2% higher than last year but just under a new cord high by 4 cents. Now you know and welcome to the Business News Headlines for Thursday the 27th of July. Don't miss out on the conversation below with Debi Durham from the Iowa Economic Development Authority as we talk about Iowa, Israel and the unique location of the Hawkeye State. Click ahead for the news and, if you're on Threads you can find us @Insight_On_Business. And you can hook up with us all day on Twitter @IOB_NewsHour and on Instagram. Here's what we've got for you today:
For the interview we're joined by Debi Durham the Director of the Iowa Economic Development Authority who recently addressed Iowans for Israel about economic opportunities, the unique location Iowa enjoys and so much more. To listen to that conversation just click here.
Thanks for listening!
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.
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