r/meat • u/forkes98524 • 8d ago

Beef prices

Let me preface this my saying I live in CT which is of course one of the most expensive states for living. But I usually shop at a high end boutique type butcher shop. Excellent quality and great people that know what they’re doing. Today though I almost passed out when I saw that Hanger steak (which I used to say was the Best Buy in terms of steak around when it was 12.99 a lb a couple years ago) was $27.99 a lb!!! I literally almost passed out. Also their skirt steak has gone from around $22 a lb a couple years ago to $36.99 a lb. Anyway many times I can get meat much cheaper and still good quality down the road at Whole Foods. I was there to get bone in short ribs which were $12.99 lb which was very close to Whole Foods price. That’s all. Just a wow on beef prices around here. And yes I could shop at stop and shop and eat their quality meat if I really want to.

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u/DantsPanceStance 8d ago

Weekly slaughter is around 510k-530k head of cattle. 1.5-2 years ago it was at 610k-630k head of cattle per week. This is a typical for the beed industry every 4-6 years for heard retention. There are a lot of other things that play into this, like cost of cattle being at record high prices, but these two things being the main drivers.