With the cost of meat on the rise, now is the time to grab a Thanksgiving turkey and a holiday ham and pop them in the freezer.
Its all about corn, experts say, which is a primary feedstock for beef and also is used to feed poultry and pork. And corn futures have soared close to a two-year high, experts say.
Stock the freezer, said Bill Sirakos, senior economist at Frost Bank in San Antonio. Higher priced corn is going to raise the price of food no question, and raise the price of cows, of beef absolutely.
The price of corn had been trending up before taking a leap Oct. 8, when the U.S. Agriculture Department slashed its estimate of U.S. corn production.