NBC Evening News for Wednesday, Feb 23, 1972
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(Studio) Cost of living up .1%, or .3 seasonally adjusted, in January, due to increased prices for cars, housing, transportation, and meat. Cost of meat, up 1 1/2%, is one cause of continuing inflation.
REPORTER: Garrick Utley
(Weld County, Company) Meat prices have gone up because demand is greater than supply. Cattlemen have learned to keep production down for higher prices. (Greeley Company) Factories may feed 100,000 cattle on one lot to save money, but profits lost to packing plants whose costs have risen due to increase in wages of workers. [Cattlemen's Assoc., Ralph YODER - says cattlemen don't make much money, but they can't turn backs on way of life.]
REPORTER: Fred Briggs
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