Skip to comments.Drought leads restaurants to raise prices, cut portions
Posted on 10/14/2012 7:18:14 AM PDT by Zakeet
Smokin' Jonny's BBQ opened less than a year ago, but pricey corn on the cob has already disappeared from the menu.
Rising beef prices are causing owner Jon Sekiguchi headaches as well. His Gardena restaurant sells beef ribs only on the weekends, when customers are more willing to splurge. And he's struggling to find affordable beef sausage for his $6.95 smoked sausage sandwich.
Scorching weather this summer in the Midwest left crops parched and livestock famished. Restaurants, already struggling with high fuel costs and a sluggish economy, are starting to feel the pinch of higher food costs.
"It's a tough one," Sekiguchi sighed. "I didn't want to sell corn for $3 when I used to charge $1.50. And it used to be better quality too."
Commodity prices were increasing even before the dry spell. Economists say even bigger hikes are ahead as the poor U.S. harvest ripples through the food chain.
Now fast-food giants, fancy eateries and even corner coffee shops are scrambling to adjust. The cost of food rivals labor as the top expense for most restaurants. Restaurateurs are revamping menus, reducing portion sizes and even considering staff cuts. In the months to come, they say, watch for smaller steaks, fewer tortillas per entree and maybe even menu-wide price increases.
Customers are already seeing a change.
(Excerpt) Read more at latimes.com ...
You Right Wing Nuts shouldn't complain ... cause you stupid lards are much better off eating smaller portions of leaner meat!
As long as there's corn to make ethanol we'll all be fine... /s
The drought in Texas two summers ago was supposed to have brought beef prices down because the ranchers were selling their stock at rock bottom prices. Not so. The beef was sent to China causing beef prices in America to skyrocket. The same happened this summer causing Americans to pay more at the grocery store for everything. I used to be able to stock the freezer with half priced next day expiration date meats but the stores here aren’t doing that anymore. They’re not reducing the produce either and haven’t been for three years. They’re not ordering enough products so there are many empty shelves. Many times, they claim the truck didn’t deliver advertised sale items. It’s very third world strange.
And the ‘gummint’ tells us that there is no inflation.
I was talking to my neighbor who keeps horses. He told me the other day that the cost of alfalfa for feeding them has a little more than tripled in the last year.
And my other neighbors, pretty big ranchers have cut their cattle herds, one by 100%... Just gave up completely.. the other by 75%. One of his ranch hands is now a ‘bag boy’ at the nearest grocery store. No idea what happened to the others.
“No it’s not! It’s because of burning our food in cars!” [foams at mouth]
Food fight in the school lunchroom
Was quite surprised this morning to take out what I thought I had bought - a 64-ounce carton of “lots of pulp” juice, and then see that the contents to be listed as 59-ounces!
Cattle herds on many East Tennessee and South west Virginia farms seem much larger than normal. It seems some foreign cattle are grazing on the lush pastures hereabouts. There is lots and lots of hay to feed them as well.
It doesn`t make any sense. If we can build an oil pipeline from Canada to the Gulf of Mexico, why can`t we build a water pipeline from the Great Lakes to the Midwest and the West Coast?
Vote against the candidate who’s in favor of the drought! ;-)
Drought - nothing to do with Obama’s planned famine?
Same as saying I’m poor because someone else is rich.
Look at what the grower is being paid before you buy into this. Doubling the amount paid for the corn in a box of cereal for instance would raise the cost about a dime. Follow the money!