HIGH PRICES: Meat Up Across The Counter

The nice weather signals grilling season for many of us.

However, the price you pay at the meat counter is going to be a lot higher than it’s been in years.

John Brooks has been in the family business at B&B Grocery for years.

It’s fair to say he’s seen it all, but this year’s high prices weren’t a happy sight.

“New York Strip retails at $9.99 a pound, you want to buy the whole strip you save $1 a pound but that’s still almost double what it was two years ago,” says John Brooks.

Meat prices are high all across the counter.

According to the Iowa Farm Bureau Cattle slaughter is down, leaving ground beef selling for 40 percent more than a year ago and rib eyes up nine percent.

The same can be seen for pork.

Hog slaughter is down four percent. Ham is selling 53 percent higher and chops are up 14 percent.

“Beef production is down almost six percent this year compared to a year ago and it`s the lowest in about 30 or 40 years. We`ve got the lowest cattle slaughter going on in about 50 years,” says Iowa Farm Bureau’s Director of Research and Commodity Dave Miller.

Miller says the high beef prices are because of the 2011-2012 droughts catching up with us, pork prices saw a spike because of a virus epidemic killing off swine.

The guys at B&B Grocery have steadily noticed the price of beef creeping up toward the five dollar mark.

Selling at $4.59 a pound, ground beef is now up there with the premium cuts.

“Ground beef is a staple, but now it`s almost a luxury, which is hard to fathom. We try to maintain a certain level but you can`t sell it for the profit margin that you should or it would be even more,” says Brooks.

While both beef and pork prices are high, chicken is at the lowest price it’s been all year.

Experts say meat usually hits its peak price for the year in June. However, experts don’t expect the prices to drop much after that.

8 comments

  • gimmieabreak

    climate change
    deforestation (including rain forests)
    land use change
    increased pesticides
    increased water pollution
    increased gulf “dead zone”
    diminishing honey bee population
    increased food costs
    – politically corrupt ethanol mandate strikes again

  • William Denison

    Thanks Gov Braindead, your one heck of a social engineer. I hear the folks in China are really enjoying our meats at a lower cost to them as we here have to deal with the waste by product left behind and higher cost here. You sold us all out here in Iowa.You’ve got to go.

  • John

    Now Willie lame attempt at trying to blame the gov for the sins of the ethanol industry. WHO can spin htis anyway they want but everyone with a memory knows that 4 years ago cattlemen across the country started selling off their heards because corn prices kept rising because government supported corn ethanol was buying all they can. Also explains why prices for crop land in Iowa is so over inflated. Ethanol can be made more effectivly with seaweed and other organic products it is only greed that forces the use of corn a staple in everything to be used for fuel. Stop make fuel from corn and we will see all prices drop as a result.

    • William Denison

      John I’ve missed you. Tell me you love me and I’ll tell you I love you more. xxxooo

  • gimmieabreak

    thank you John for some common sense.
    on the upside my farmland has increased my net-worth by the thousands between 2005 to 2014.
    still I realize the evils of ethanol.
    meanwhile the evils of taxpayer funded crop insurance are hard at work.
    my neighbor, for example, collects unwarranted crop insurance every year.
    this year he intentionally planted too soon and only around the edges (for proof) to then claim an entire loss.
    now the taxpayers have paid 80% of the new corn seed as the crooked farmer reaps 100% profits.
    only in AmeriCare

  • John

    Willie I been away for awhile but have been reading the comments. Just to busy to respond. I do not know about xxooo. Gimmie watch out the land value in Iowa is going to burst soon when we lose our senior crooks in washington and the subsidies are lost. This time even Willie Nelson and John Cougar with their farm aid will not help.

  • gimmieabreak

    John
    FYI
    when farm values tumble the banksters already have a protection clause via taxpayers ALREADY approved by congress.
    farmerters have a 5 year safety net via the farm bill approve by congress.
    – you must believe what farm-owned politicians tell us
    “we feed & fuel the world”
    ka ching!

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