sharon sanders
Editor-in-Chief & President
I was shocked to see the beef prices at the local grocery store on Friday.
Every 2 weeks when we get paid I like to get a treat of a mid-grade steak to cook for breakfast in the weekend. The package is about $10.00 and makes a nice breakfast and a steak sandwich for later in the day. I was shocked to see the price this week - over $17 dollars. I put the package back in the rack. Then I looked at all of the other beef, including "cheap" hamburger. It was all outrageous. In a discussion with my family we decided we are going "beefless".
We can't afford it - even with lower gas prices.
We are middle class so I am guessing many other families are also looking at these beef prices and making other protein choices. But really....fish is very expensive and so are fresh fruits and vegetables. So I am not sure what we are doing.....
Posted: 1:31 p.m. Tuesday, Jan. 6, 2015
Beef prices hit all-time high
By Michelle Linn
Owasso, Okla. —
snip
Beef prices are skyrocketing.
snip
This Consumer Price Index Chart, found on the Department of Labor website, shows beef prices went up every month in 2014, and FOX23 learned they are on track to continue climbing in 2015.
snip
To get answers about what is driving beef prices so high, we reached out to OSU livestock economist Dr. Derrell Peel.
He says the U.S. cattle inventory is at its lowest level since 1951.
The industry is just starting to come back from three years of devastating drought.
Dr. Peel says many producers were forced to sell off cattle, when they could not afford to feed them, in 2011.
He says it will likely take years to recover.
- See more at: http://www.fox23.com/news/news/local....w51MHYWw.dpuf
Every 2 weeks when we get paid I like to get a treat of a mid-grade steak to cook for breakfast in the weekend. The package is about $10.00 and makes a nice breakfast and a steak sandwich for later in the day. I was shocked to see the price this week - over $17 dollars. I put the package back in the rack. Then I looked at all of the other beef, including "cheap" hamburger. It was all outrageous. In a discussion with my family we decided we are going "beefless".
We can't afford it - even with lower gas prices.
We are middle class so I am guessing many other families are also looking at these beef prices and making other protein choices. But really....fish is very expensive and so are fresh fruits and vegetables. So I am not sure what we are doing.....
Posted: 1:31 p.m. Tuesday, Jan. 6, 2015
Beef prices hit all-time high
By Michelle Linn
Owasso, Okla. —
snip
Beef prices are skyrocketing.
snip
This Consumer Price Index Chart, found on the Department of Labor website, shows beef prices went up every month in 2014, and FOX23 learned they are on track to continue climbing in 2015.
snip
To get answers about what is driving beef prices so high, we reached out to OSU livestock economist Dr. Derrell Peel.
He says the U.S. cattle inventory is at its lowest level since 1951.
The industry is just starting to come back from three years of devastating drought.
Dr. Peel says many producers were forced to sell off cattle, when they could not afford to feed them, in 2011.
He says it will likely take years to recover.
- See more at: http://www.fox23.com/news/news/local....w51MHYWw.dpuf