Meat Prices

I use Choice PSMO tenderloins and cut an 8 oz Filet Mignon. Tenderloins prices have remained fairly steady this year, $11.25 - $11.90. Knowing that prices will move upward at least $1 @ lb, I've reduced the steak to a 7 oz portion.

My Bistro Sirloin is cut from Swift 1855 Angus 0x1. That price has moved from $6.49 to $9. I'm cutting an 8 oz steak. I'm replacing the sirloin with a 7 oz Bavette steak, cut from skinned Sirloin Flap meat. Great flavor, not quite as tender...similar to Hangar.

I cut all my own meat and use every last morsel for something.

It's going to get worse before it gets better and the getting better part is 3 years out. been told that by 3 different sources now. I remember this happening about 5 years ago and the recovery was quicker than thought, then. Let's hope the same holds true.

I hear pork is on it's way up too with the PEDV stuff for the piglets. I think all of this is a vegan conspiracy.

I was *quite* surprised that our rib eye roll creeped from $.325 to $4.25 per lb. over the past 3 weeks. 25% increase that quick is quite an upward slope. Brisket's been up for a while, along with other items. I've got everybody in house becoming a master of the portion scale.

I had shell shock - Pork Bellies $4.99 per pound

quote:

Originally posted by FLSmoker:
I had shell shock - Pork Bellies $4.99 per pound

I just bought 30 lbs. of belly's at $2.83 last week.

I read that pork production is rebounding and prices should start dropping. Not so fast for beef!

I just paid $2.89/pound- pork belly at RD, $4.99/pound from the butcher for a 8 # beef brisket.

Word on the street is we are going to start seeing a larger than normal spread between choice and select. Sounds like there might be another shortage of 80/20 hamburger coming for the next few months as well.

We are still seeing 400 wt steers over $4 per pound around here. One guy that's buying some right now is calling for $2 fat cattle before it peaks. What would that translate to? $6 per # brisket and hamburger?