Quantcast

Rising beef prices a concern for ranchers, restaurants

Print
Font Size:
Default font size
Larger font size

Posted: Monday, June 24, 2013 10:00 pm | Updated: 10:00 am, Tue Jun 25, 2013.

Forest fires and fireworks bans aren’t the only effects of long-term drought being felt across much of the nation. As feed gets more expensive and arid land becomes harder to graze on, cattle ranchers around New Mexico and elsewhere in the U.S. are being forced to sell off their herds, which leads to a price spike as demand for beef remains high and supply gets lower and takes years to recharge.

The latest numbers from the U.S. Department of Agriculture for May show ground beef at $3.31 per pound on average, up 32 cents per pound from May 2012. And though the price of choice boneless sirloin steak is at $6.79 a pound for May — about 8 cents cheaper than in April — that’s still 37 cents more per pound than the same time last year.

Subscription Required

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

You must login to view the full content on this page.

Thank you for reading 5 free articles on our site. You can come back at the end of your 30-day period for another 5 free articles, or you can get complete access to the online edition for $2.49 a week. If you need help, please contact our office at 505-986-3010 You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

Rules of Conduct

  • 1 No Alias Commenters must use their real names.
  • 2 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 3 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. and please turn off caps lock.
  • 4 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.

Welcome to the discussion.

Follow The Santa Fe New Mexican

Today’s New Mexican, July 25, 2014

To view a replica of today's printed edition of The Santa Fe New Mexican, you must be a subscriber. Get complete access to the online edition, including the print replica, at our low rate of $2.49 a week. That's about the price of a cup of coffee. Or get online and home delivery of our print edition for $3.24. Click here for details.  

Advertisement