Image Source: PexelsHere’s the time series on beef farm-to-wholesale spread, in 1982-84$.
Figure 1: Real retail price per pound (black line), wholesale-retail spread (tan bars), rest (blue bars), all in 1982-84$. Deflated using core CPI. Source: USDA, and author’s calculations.More By This Author:Manufacturing In Recession? A Puzzle: Private NFP And The Preliminary Benchmark Vs. Current OfficialRecession Before The Election?
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