May 3, 2013

The price of Beef

Beef prices are running a lot higher than normal -- drought last summer is part of the cause. From Reuters:
US beef prices set new high as spring barbecue season heats up
U.S. wholesale beef prices rose to an all-time high on Friday as the delayed spring grilling season is heating up and as supermarkets buy meat for the May 27 U.S. Memorial Day holiday weekend, commonly seen as the unofficial start of the summer cookout season, analysts said.
A bit more:
The average retail beef price in March hit a record $5.30 per lb, surpassing the previous record of $5.15 in November, according to the government's Economic Research Service.
Yikes -- and this is the average. 80/20 hamburger as well as tenderloin. Bought a half-cow last spring and eating very well off it -- only have about 20 pounds of ground chuck left but still have a lot of steaks and roasts. Cost us $2.80/lb. Did a steak tonight in the smoker -- smoked it for five hours and then ran the temperature up to 400 and finished it for a few minutes. A five minute rest, slice against the grain and that was dinner for us tonight. Salad and steamed broccoli. Yummy! Posted by DaveH at May 3, 2013 11:01 PM
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