Beef prices continue to rise - WALB.com, Albany News, Weather, Sports

Beef prices continue to rise

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ALBANY (WALB) - Brace yourself for higher beef prices.

Ranchers are reducing their herds and the total head of cattle in the US is lower than it's been in nearly four decades.

At Texas Star Steakhouse on Dawson Road, managers are keeping a close eye on prices and trying to avoid passing on higher costs to diners.

"Beef prices have been forecasted and we've been following it on the Internet and it's going to steadily be rising, especially throughout the holidays. Right now, we're planning not to raise any prices and make sure that we still give the same portions of meat and same quality of meat that we always do," said manager Sandra Klos.

The record drought in Texas is largely to blame for shrinking herds.

Wholesale beef prices are up 21% in the past year.

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