Beef prices going up
|Updated: 2/26 3:42 pm
||Published: 2/26 3:41 pm
Consumers will soon feel the pinch of increased beef prices.
The prices of steak and all beefs are on the rise. A drought and grain prices are the cause for the increase.
Trends show where consumers are likely see the price increase.
“The restaurants are where we see prices spike very high. So we're actually seeing a resurgence of people starting to cook at home a little more often,” said Mike Shepler the director of a meat company.
Cattlemen's Beef Association said there's a surge in demand and all retailers will pay more for their beef. That cost will be passed on to consumers.
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