The large inflow of cattle is expected to put downward pressure on prices as the cattle are marketed next winter and spring. Wages and Prices Labor markets were still tight last month and reports of rising wages increased. Almost all retailers report they have increased wages recently to attract qualified workers. Manufacturers report skilled and unskilled workers remained in short supply, and a greater fraction of companies than in past months say they have responded by increasing wages. Prices held steady at the retail level but rose for some manufacturing and construction materials.
Retailers expect no major price changes in the months ahead.
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