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One of the primary feeds for beef cattle is corn. The following table presents the4) average price in dollars for a bushel of corn and

One of the primary feeds for beef cattle is corn. The following table presents the4) average price in dollars for a bushel of corn and a pound of ribeye steak for 10

consecutive months.

Corn Price ($/bu) 6.34 5.93 6.45 6.19 6.56

5.94

Ribeye Price ($/lb) 13.22 12.06 13.72 12.75 13.27

12.17

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