Beef prices on the rise - WALB.com, South Georgia News, Weather, Sports

Beef prices on the rise

June 14, 2005

Albany-- The temperatures are heating up and grills are getting fired up too. But your cookout could cost you more.

"I like the filet, like porterhouse, T-bone, of course hamburger is always good," says customer Greg Bonner. Customers looking for beef are finding it at Carrol's Sausage and Meats. "I bought a ribeye steak, black angus," says Bonner.

"We've had a major influx of customers looking for the beef," says Store Manager Dennis Ready. That demand for red meat is growing. "Beef is definitely on the rise," says Ready.

Right along with the increase of beef consumption, the prices of beef have also increased. They've come up from about $2.90 a pound back in 1999 to the current prices of over $4.00 a pound. "Yeah it's gone up just a little bit. I'd say overall probably a dollar, a dollar and a half, maybe even two dollars," says Ready.

In April, the average retail price for a pound of choice beef ballooned to $4.25 close to the record high of $4.32 in 2003. "I'd say it's supply and demand especially during the summertime," says Ready. Summertime's a time for grilling and barbequing. "Oh yes sir, It's summertime. Everybody's cooking out," says Ready.

Another reason for higher prices may be the reduction in herd sizes because a drought out west limited the amount of grass, the main food supply for cattle. "If they're affected then it will in turn affect us. Even things as minor as gasoline prices and shipping can also increase prices so," says Ready.

A portion of that is passed on to customers and many are feeling it in their pockets. "Yeah I noticed like everything else, it's going up," says customer Dennis Dyson. But despite it all, the good taste is outweighing the budget for many.

"You have to eat and just continue to pay the price," says Dyson. "The stuff that's good is always more expensive," says Bonner.

Most are willing to pay the extra price for that extra side of beef.

Workers at Carrol's say that prices of beef may go down slightly after the summer season. They also say more competition among meat distributors may also bring the prices down altogether. The cheaper meats at the market are usually top sirloin, cubed steak and of course good old ground beef.

feedback: news@walb.com

 

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • How to cut down on your power bill

    How to cut down on your power bill

    Tuesday, July 25 2017 11:11 AM EDT2017-07-25 15:11:58 GMT
    The power company says customers usually see their highest bills during the summer months (Source: WALB)The power company says customers usually see their highest bills during the summer months (Source: WALB)

    If you were shocked the last time you opened your power bill, Georgia Power has good news for you. The power company says its customers usually see their highest bills during this time of year, but there are ways to save on energy. 

    More >>

    If you were shocked the last time you opened your power bill, Georgia Power has good news for you. The power company says its customers usually see their highest bills during this time of year, but there are ways to save on energy. 

    More >>
  • Two arrested in connection to Valdosta shooting

    Two arrested in connection to Valdosta shooting

    Tuesday, July 25 2017 10:49 AM EDT2017-07-25 14:49:40 GMT
    (Source: Valdosta Police Department)(Source: Valdosta Police Department)

    Valdosta Police have arrested two people in connection to a shooting on Shanna Circle that happened on July 15.

    More >>

    Valdosta Police have arrested two people in connection to a shooting on Shanna Circle that happened on July 15.

    More >>
  • 10 things to help parents prepare for back-to-school

    10 things to help parents prepare for back-to-school

    Tuesday, July 25 2017 8:28 AM EDT2017-07-25 12:28:54 GMT
    (Source: WALB)(Source: WALB)

    As you try to prepare your child for heading back to the classroom, here is a list to help make sure you and your student are prepared for the upcoming year.

    More >>

    As you try to prepare your child for heading back to the classroom, here is a list to help make sure you and your student are prepared for the upcoming year.

    More >>
Powered by Frankly