“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:
Canada’s Harper gives up on Russia assisting Syrian rebels, labels G8 summit ‘G-7 plus 1’
Mammogram radiation may put young women at higher risk of breast cancer
IRS lawyer: Lois Lerner's BlackBerry deliberately destroyed after probe
The Bitcoin crackdown
Citic Securities: Interest in Chinese REITs High
Scientists use 3D printer to make tissue-like material
Glenn Greenwald Disputes Rumors That Snowden Sharing Intel With Russia
Australian Train Drivers, Paid Like U.S. Surgeons, Replaced With Robots
Man Indicted In Scheme To Blackmail Romney Over Tax Returns
Obama orders more troops to Iraq to guide fight against Islamic State
Activist Adam Kokesh ordered held without bond in D.C.
Police Officer Arrests Firefighter At Accident Scene In California
Ron Paul: A Small, Secret Group Can't Know What's Best for the Economy
Syria asks United Nations to 'prevent Western aggression'
Navy’s experimental X-47B drone successfully lands on aircraft carrier