For those who dine out, look to shelling out more coin for your grub specially if it's beef. The price of beef is on the rise, and you can bet that your favorite grub shop ain't gonna eat the cost. Accordin' to the news, the reason for the hike is because fewer cows are being slaughtered. By the way the hike will include all cuts of beef and even ground beef.
The story via WKBN
The cost of beef is rising because of the low amount of cattle in the country, which is the lowest in nearly 60 years.
The decrease in those cattle could end up costing shoppers more. Chad Davis with Catullo Prime Meats in Boardman said beef prices are up as much as 25 percent, which can mean more than $1 or $2 per pound for consumers.
"What's happening is everything is going through the roof," Davis said. "Your higher-end products, New York strip steaks, filet mignon, will really shoot up, even all the way down to your hamburgers. Anything beef related is high."
The price increase is being blamed on a national drought that is affecting major cattle producing states in the West, and very few local farms and ranches are raising cattle.
Bryan Snyder with Snyder Farms in New Springfield said the cost of corn is also on the rise.
"With corn prices so high, not as many people are feeding cattle like they used to," said Snyder. "We've seen corn almost $8, and it's been staying around $6.50 and $7.50 right in that range."
With prices so high, ranchers are finding it difficult to run a profitable business, and the costs end up getting passed on to consumers.
"I know we didn't want to raise prices too much," said Davis. We just take the hit of it."
The price of meat usually increases this time of year, but people should expect to pay even more the next few months.
MEMO
Save-A-Lot has good deals on meat at 5 packages for $20.00 with no limit to the number of packages you can buy, and the meat is good.
Do you know the locations of the area Save-A-Lots? Or where I can find them on the web? Thanks!
Save-A-Lot
Union Square Plaza
Youngstown
Save-A-Lot
2725 South Ave.
Youngstown
Save-A-Lot
2998 McCartney Road
Youngstown
Save-A-Lot
Lincoln Knoll Plaza
Youngstown
Save-A-Lot
1715 Raccoon Road
Austintown
Save-A-Lot
223 Boardman-Canfield Road
Boardman Plaza
Boardman
http://savealot.com (http://savealot.com)
Thanks...I'll have to stop by and check it out!
One of the unintended consequences of letting environmentalists create public policy. Can't feed cows with corn because it all has to go to making ethanol. Stupid, stupid, stupid...
What source can you site that says environmentalists are causing corn prices to rise and makes farmers no longer able to feed cows?
I take WKBN and the farmer's word for it ... are they wrong? No. Are they lying? No. Is it some grand conspiracy to raise the cost of beef? If that's the case, then we must also believe that the government is hiding the fact that there i no gold in Fort Know, and UFO's.
http://www.wtop.com/628/3340759/Cattle-supply-down-beef-prices-up (http://www.wtop.com/628/3340759/Cattle-supply-down-beef-prices-up)
http://online.wsj.com/article/SB10001424127887323336104578503222935782726.html (http://online.wsj.com/article/SB10001424127887323336104578503222935782726.html)
http://www.wibc.com/news/story.aspx?ID=1972769 (http://www.wibc.com/news/story.aspx?ID=1972769)
http://www.cattlenetwork.com/cattle-news/Wholesale-beef-prices-set-new-records-209334891.html?view=all (http://www.cattlenetwork.com/cattle-news/Wholesale-beef-prices-set-new-records-209334891.html?view=all)
http://investorplace.com/2013/05/beef-prices-at-all-time-high-and-expected-to-rise/ (http://investorplace.com/2013/05/beef-prices-at-all-time-high-and-expected-to-rise/)
Maybe I'm blind, but I looked at all the previous links and none of them said anything about environmentalists causing corn prices to rise and makeing farmers no longer able to feed cows.
All the articles blamed the severe drought.
No one is saying anything about environmentalists ... it's a weather question so I suggest that you go to the Weather Channel ... Accuweather or Weather Underground.
By the way, normally I charge a fee for research, but make exceptions here in dealing with Youngstown History and local media. In the future please don't expect me to do research for you on topics that I normally get paid for.
Towntalk, in the future just do this.
http://lmgtfy.com/?q=beef+prices
First, I want to see Billy do his own homework ... By going to my web site he could get all his questions answered ... secondly, I've restarted my newsletter and haven't the time to devote to doing research for others. As it is, I'm spending 8 to 10 hours on my own research, editing, publishing the newsletters and faxing them to my subscribers. Then there are the special requests from one of my main subscribers that eats up time.
Did you click on my link? Its a bit of a jab at people who ask questions on forums instead of searching themselves.
Sure did Rick. Any time you post a link I go to it. Have a great day my friend.
I can do my own research. However, I would still like the person who posts as Rick Rowlands to cite at least one specific article that backs up his statemnt blaming environmentalists as driving up corn prices so that farmers can't feed cows and thus beef prices are rising. Since my short time on this board it has become clear he has a problem with environmentalists. I would just like to see him back his claims that attack environmentalists. Thank you.
Maybe you CAN do your own research but you WON'T do it. Here this took me about 20 seconds to find.
http://agecon.ucdavis.edu/people/faculty/aaron-smith/docs/Carter_Rausser_Smith_Ethanol_Paper_submit.pdf
The problem we are having is that the US govt. has mandated that a certain amount of ethanol be produced every year. That number constantly increases year by year, so when you have a drought that is reducing yields coupled with an increasing guaranteed demand for ethanol corn, the corn price will obviously rise.
Quote from: Rick Rowlands on May 30, 2013, 07:31:32 PM
Maybe you CAN do your own research but you WON'T do it. Here this took me about 20 seconds to find.
http://agecon.ucdavis.edu/people/faculty/aaron-smith/docs/Carter_Rausser_Smith_Ethanol_Paper_submit.pdf
The problem we are having is that the US govt. has mandated that a certain amount of ethanol be produced every year. That number constantly increases year by year, so when you have a drought that is reducing yields coupled with an increasing guaranteed demand for ethanol corn, the corn price will obviously rise.
Generally, if someone makes a claim, they are responsible for backing it up. (at least on the internet)
Thank you for the link. Upon reading it, the article said the ethanol industry did lobby Congress to increase the production of ethanol (corn) fuels. However, I still don't see the report saying the environmentalists were responsible for getting Congress to pass legislation to increase ethanol production. I guess you believe environmentalists have that much influence over the ethanol industry.