…Cheaper cuts like rounds and chuck that end up in retail stores were behind Monday’s gains, said Altin Kalo, an analyst at Steiner Consulting Group. Wholesale beef rose 7.8% to $2.2436 a pound Monday, data from the U.S. Agriculture Department show….
…Meat producers can’t count on U.S. consumers to eat up the slack, said Altin Kalo, an economist with Steiner Consulting Group. …