Rising Meat Prices Point To Expensive BBQ Season

barbecue grill signAs Memorial Day approaches, more and more family and friends will get together for backyard parties and BBQs. But with rising meat prices, the question is:  Are you ready to foot the bill?

Grilling fans like me will be stuck paying the highest price for ground beef since 1984. See chart below.

USDA Ground Beef Price Chart

USDA ground beef prices 2009 to 2014

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What’s the reason for the price hike? Price increases are being blamed on high demand and shrinking supply of beef cattle due to droughts and illnesses. And this is squeezing meat prices higher as demand remains at strong.  Pork and Chicken prices are also on the rise. Just take a look at the chart below highlighting rising meat prices versus year ago. This will likely cause shoppers to feel the heat at the grocery store and local markets.

meat prices chart 2013 2014

Thanks for reading.

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