Floor planning is a form of financing for large ticket items displayed on showroom floors. Floor planning is a form of financing for large ticket items displayed on showroom floors. Topics
In February, the average retail price per pound for beef was $3.87, up 12.4% versus a year ago, according to market research firm FreshLook Data. The average retail price for a pound of chicken was up 3.9% in February versus a year ago, turkey was up 5.4%, veal up 6.7% and pork up 10%. Among all meat production, beef producers typically incur some of the highest production costs. For example, costs for cattle farming are much higher than for poultry farming.
By January 2003, the average price of coffee on the commodities market was 54 cents per pound, the lowest price for coffee (adjusted for inflation) in 100 years. Fewer than six years before, coffee was selling for $3.15 per pound, nearly six times higher, on the New York Coffee, Sugar and Cocoa Exchange.