SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Oblivious who wrote (81442)10/15/2011 1:03:13 AM
From: elmatador  Respond to of 218074
 
“We have the cheapest meat in the world because our dollar is cheap enough,” Troy Vetterkind, the owner of Vetterkind Cattle Brokerage in Chicago, said in a telephone interview.

Menu Prices

Wholesale-beef prices are up 21 percent in the past year, and the retail cost for consumers reached a record $4.489 a pound in August, USDA data show. “We can expect higher prices yet,” Vetterkind said.

Higher beef costs led to two menu-price increases this year at Louisville, Kentucky-based Texas Roadhouse, with more than 350 restaurants across 46 states, and at Cracker Barrel, which has more than 600 locations in 42 states.

You see. Have the cheapest beef and the menu prices are increasing.