“Beef was already in short supply — a victim of earlier droughts and rises in the costs of fuel and feed. During this year’s drought, ranchers reluctant to buy expensive grain feed brought young — and thin — cattle to market early, which will spur another shortage and could threaten fatter cuts of beef. At the famed Peter Luger Steakhouse in Brooklyn, the New York strip is already up 11 percent, to $46.95, said owner Amy Rubenstein. But nearly all restaurants are bracing for the worst. Peter Glazier, owner of Michael Jordan’s Steak House, said meat purveyors are warning of increases of up to 20 percent in the coming year.”
http://www.nypost.com/p/news/local/rai_ing_the_steaks_mGHDObThO2Labxu9lvfaRL
Related posts:
ECB Said to Expand Covered Bond Purchases From Spain to Germany
Russia to ban US from using Space Station over Ukraine sanctions
EU has secret plan for police to 'remote stop' cars
Egypt closes Gaza border crossing indefinitely
Police Charge Mother With Murder After 5-Year-Old Girl Fatally Shoots Self
Greek police arrest one of their own while raiding neo-Nazi party’s offices
Between Walmart and Kroger, 500 stores are about to ditch cashiers
Food prices may be catalyst for 2013 revolutions
Military strikes on Syria 'as early as Thursday,' US officials say
'More profitable than cocaine': Peru is top source of counterfeit US cash
10 things you can’t buy with a credit card
Democrats Work To Block Regulations, After Flood Of Campaign Cash
Swiss to Ban Big Cash Purchases to Curb Money Laundering
Over half of China's new bitcoin traders are women
Switzerland among top three 'happiest countries'