May 23, 2013 at 7:00 pm in The Dickinson Press
Beefing up could mean meat eaters will have to open up their wallets a little wider this summer, as the price of beef and other meats continue to climb.
“Beef prices have been high this year at all levels,” said William Hahn, Animal Products and Cost of Production Branch Markets and Trade Economics Division of the USDA-Economics Research Service. “April had the highest five-area 35-65 percent Choice Direct steer we have ever seen.”
According to the U.S. Department of Agriculture, supply and demand is what controls the price of beef cattle, but prices will fluctuate because it takes time to replenish the cattle supplies.