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U.S. Beef Output Is Down Way More Than Shutdowns Suggest

  • American cattle slaughter declines 37% from year ago
  • Red meat prices are surging; Kroger limits purchases
U.S. To Buy Milk And Meat As Part Of $15.5 Billion Aid
Photographer: Daniel Acker/Bloomberg
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American beef output is down a lot more than plant closures would have you believe -- a sign that slowdowns at facilities will continue to keep meat supplies tight even when some production lines reopen.