date:Jul 28, 2014
all-time high intraday price on Thursday.
The price climbed for the seventh straight session, the longest rally since May 1.
The commodity has gained 19 percent this year.
In June, boneless sirloin steak rose 1.3 percent to $7.689 a pound.
Ground beef has climbed 12 percent this year to $3.88 a pound.
We may see some weakness from where were at today on some of these beef prices, but theyll still be at a high level for the rest of the year, Nalivka said.
Feeder-cattle futures for August se