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North Jersey consumers and retailers have beef with rising meat prices

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North Jersey consumers and retailers have beef with rising meat prices

APRIL 11, 2014    LAST UPDATED: FRIDAY, APRIL 11, 2014, 1:21 AM
BY ANDREW WYRICH
STAFF WRITER
THE RECORD

* Higher feed costs, smaller herds driving costs

Backyard grillers can expect to get a strong case of heartburn this year because the cost of beef has soared.

For years, severe droughts in the western and southern United States have driven the price of feed such as corn and hay to record highs, causing ranchers to sell cattle they could no longer feed. The diminished herds are causing beef prices to swell to all-time highs for North Jersey butchers, delis and the customers seeking steaks and burgers.

The National Cattlemen’s Beef Association said the years of drought in the big beef-producing states such as Texas and Nebraska pushed the production of beef down by 2 percent in 2013. The U.S. Department of Agriculture said the nation’s cattle population has fallen to 87.7 million, the lowest since 1951.

This has driven the retail price for round choice steak to $5.284 per pound in February, up from $4.899 per pound at the same time in 2013, according to the USDA. The prices have stayed over $5 a pound since November, according to the most recent available data.

The cattle crisis has put pricing pressure on North Jersey butchers, supermarkets, delis and restaurants.

– See more at: https://www.northjersey.com/news/business/beef-prices-leaving-consumers-with-a-bad-taste-1.899171#sthash.BuaVQ1NN.dpuf

2 thoughts on “North Jersey consumers and retailers have beef with rising meat prices

  1. I love big meat.

  2. That’s what you get when you mandate that food be made into fuel.

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