Though retail beef prices are lower than a year ago, prices remain historically higher as inflationary challenges affect the overall U.S. economy and projected fewer cows heading into 2023, according to a Texas A&M AgriLife Extension Service livestock economist.“Retail beef prices are lower than a year ago even though the total Consumer Price Index number is 7.1% higher than last year,” said David Anderson, Ph.D., AgriLife Extension livestock economist, Bryan-College Station. “(Retail beef prices) have been lower for several months now. And they are lower than last month. However, the level of prices remains high in comparison to the past ...