Let's take a look at what has happened to box beef prices, fed cattle prices, feeder cattle prices and corn prices over the last year. I will start with USDA Choice box beef prices. In June of 2010, the price averaged $157 per cwt. and increased to $168 by January 2011. In April of this year, the price increased to $188 and on June 1, 2011 the price had decreased to $178 per cwt.