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Sticker shock at the steak house; beef prices highest in 27 years
KENS-TV / KHOU 11 News and The Associated Press ^ | April 15, 2014 | Doug Miller

Posted on 04/15/2014 3:08:00 PM PDT by 2ndDivisionVet

Edd Hendee reached into the chilled glass case containing cold cuts of steak, the classic Texas entrée upon which he built his restaurant and his fortune, proudly showing off his merchandise like a jeweler displaying his diamonds.

“This is a center cut filet,” he said. “It’s the very best filet you can possibly buy. And that’s why it’s expensive.”

And lately, at the Taste of Texas restaurant in west Houston, it’s become even more expensive.

“When the price goes from just under $20 a pound to us wholesale to almost $25 a pound, that’s almost a $5 increase in this steak to me,” Hendee said. “I had to pass some of that along to the customers.”(continued)

(Excerpt) Read more at kens5.com ...


TOPICS: Business/Economy; Culture/Society; US: Texas
KEYWORDS: beef; drought; economy; food
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What is this "steak" that they speak of?
1 posted on 04/15/2014 3:08:00 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Buy it at Sam’s Club, grill it yourself.


2 posted on 04/15/2014 3:09:27 PM PDT by Last Dakotan
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To: 2ndDivisionVet

A think from cattle. But cattle are predators on turtle populations so they are facing extinction.


3 posted on 04/15/2014 3:10:19 PM PDT by Psalm 144 (FIGHT! FIGHT! SEVERE CONSERVATIVE AND THE WILD RIGHT!)
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To: Psalm 144

Moo Eat Mor Chikin. Moo


4 posted on 04/15/2014 3:11:25 PM PDT by griswold3 ("Pray for Obama. Psalm 109:8".)
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To: 2ndDivisionVet

“What is this “steak” that they speak of? “

The closest I’ve gotten in the last two years is hamburger at Costco for $3.18/pound. But I have to buy so much I could practically assemble my own cow. (Mold required.) Also, although it looks nice, I wonder just how much of it is composed of named pieces of cow I’d actually recognize. It just doesn’t taste like I remember.


5 posted on 04/15/2014 3:11:52 PM PDT by Gen.Blather
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To: 2ndDivisionVet

As a beef fanatic, I’m appalled at the rising prices. Beef is amazingly healthful - one of the reasons it is being phased out of the American diet. Can’t have strong men and women who might have the strength to fight the feds.

P.S.: another healthful and delicious food - fish - is also getting too expensive for us peons.


6 posted on 04/15/2014 3:13:46 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: 2ndDivisionVet

Good, this gives the small beef growers a chance to cash in.


7 posted on 04/15/2014 3:14:36 PM PDT by jetson
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To: 2ndDivisionVet

I suppose I’ll have to learn to love again...Spam with Steak Sauce, back to the late sixties and seventies.


8 posted on 04/15/2014 3:14:55 PM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Last Dakotan

Sam’s Club is good, but there’s no disguising the fact that meat prices are up. I can’t afford the good stuff anymore.


9 posted on 04/15/2014 3:16:52 PM PDT by 1rudeboy
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To: Gen.Blather

I just bought 10 lbs of ground chuck for 2.96 lb . Maybe I should go back and buy more... much more.


10 posted on 04/15/2014 3:18:26 PM PDT by Karl Spooner
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To: miss marmelstein

That’s why we pretty much gave up on fish. I do eat my tuna, though.

(I’ll pay for the beef. Worse comes to worse, I’ll grow my own.)


11 posted on 04/15/2014 3:21:24 PM PDT by Marie (When are they going to take back Obama's peace prize?)
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To: 1rudeboy

I expect the price of beef to remain high for the next three years. Major herd losses in So. Dakota last fall due to early winter storm and the severe drought in Texas and Oklahoma has caused the decline in available cattle for market. It is now a supply and demand issue which, as we all know raises the price. Then, there is the Other White Meat, pork.


12 posted on 04/15/2014 3:23:39 PM PDT by DaveA37
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To: 2ndDivisionVet

I hear you there. I would feel guilty for buying one of them.


13 posted on 04/15/2014 3:23:45 PM PDT by Karl Spooner
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To: 2ndDivisionVet

Edd Hendee is a rock-ribbed Conservative, and runs one of the best steak joints in Texas.


14 posted on 04/15/2014 3:24:54 PM PDT by BrewingFrog (I brew, therefore I am!)
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To: Marie

How can I grow my own where I live????!

As a spoiled, formerly happy American, I love wild salmon - completely out of my budget these days. $30 per pound - crazy. I settle for Vietnamese shrimp. Pathetic!


15 posted on 04/15/2014 3:24:59 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: Karl Spooner

That’s a good price. I would buy and freeze.


16 posted on 04/15/2014 3:26:07 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: Karl Spooner

“I just bought 10 lbs of ground chuck for 2.96 lb .”

There was a movie called, “Eating Raoul.” I’m sure they’ll have used up Chuck by the time you get back. You might end up buying a few pounds of George and Mike.


17 posted on 04/15/2014 3:28:09 PM PDT by Gen.Blather
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To: miss marmelstein

The price of scallops is absolutely ridiculous these days as well!


18 posted on 04/15/2014 3:28:10 PM PDT by Frank_2001
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To: jetson
"Good, this gives the small beef growers a chance to cash in." Except they can't afford to buy corn to feed their cattle. If they grow their own corn, it's more profitable for them to take it to the Co-Op for ethanol than to feed their own stock. Of course, our betters have determined that ethanol is better for us than beef. TC
19 posted on 04/15/2014 3:30:27 PM PDT by Pentagon Leatherneck
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To: Gen.Blather

“It’s amazing what you can do with a cheap piece of meat.”


20 posted on 04/15/2014 3:31:02 PM PDT by Tijeras_Slim
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To: miss marmelstein

I hear Asian carp taste very good and are in over abundance. Just need a boat and net or a bow. I see more people doing this on the Illinois River. It is a clean fish.


21 posted on 04/15/2014 3:32:53 PM PDT by Karl Spooner
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To: 2ndDivisionVet

The only time we have beef is when Safeway has it in the ‘managers special’ section. Basically it’s the beef that MUST BE SOLD that day, and it usually has a sticker for 50% off the lowest price. Just bought some stew meat today. What normally would have cost about $12 for just under 2.5 lbs I got for ~$7. Either use it by tomorrow, or get it in the freezer.


22 posted on 04/15/2014 3:33:05 PM PDT by Mama Shawna
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To: 2ndDivisionVet

I hate to rain on everyone’s parade but the Price has NOT gone up a Penny. The VALUE of your MONEY is and has been STOLEN from you on a Continual Basis via the Federal Reserve by means of THEFT by DILUTION (counterfeiting,debasing),ie. Inflation


23 posted on 04/15/2014 3:38:15 PM PDT by eyeamok
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To: Psalm 144

Cattle are turtle predators, that is funny


24 posted on 04/15/2014 3:40:55 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: Gen.Blather

If you need to buy that much, contact a local rancher and see how much for an actual cow


25 posted on 04/15/2014 3:42:09 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: 2ndDivisionVet

Obama, the proven liar’s fault!


26 posted on 04/15/2014 3:47:40 PM PDT by VRW Conspirator ( 2+2 = V)
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To: GeronL

“If you need to buy that much, contact a local rancher and see how much for an actual cow”

I already know the problem there. They have big brown eyes. They look at you and say, “Moo?” So, what do you do with a 1,200 pound pet? The landlord will be p*ssed if he finds out.


27 posted on 04/15/2014 3:49:26 PM PDT by Gen.Blather
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To: eyeamok

You are right and I must remind myself of that from time to time.


28 posted on 04/15/2014 3:49:39 PM PDT by Karl Spooner
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To: Mama Shawna

I hear you. I’ve been creating a lot of meals with beef shank, pork hocks, ham hocks, neck bones and other cheaper meats. My dad was a Cracker and cooked that way, so no one minds these delicious meals: pork hocks and sauerkraut, pork neckbones and peppery rice, ham hocks and cabbage or beans, chicken wings with dumplings or noodles, etc., you get the drift


29 posted on 04/15/2014 3:49:49 PM PDT by varina davis
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To: Karl Spooner

Carp is a freshwater fish? Since it’s Passover, that might be in abundance here in the northeast.


30 posted on 04/15/2014 3:54:35 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: Gen.Blather

Yep. The kids have named him before the mobile butcher shows up


31 posted on 04/15/2014 3:57:13 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: varina davis

These are all delicious foods. But in my America, we had the choice of great cuts of beef as well as the delicious but cheap cuts.

Even extremely expensive, good quality chicken breasts are unavoidable - although I bite the bullet and buy Kosher.


32 posted on 04/15/2014 3:57:13 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: 2ndDivisionVet

As more people switch to cheaper substitutes, expect the prices of pork and chicken to rise also. So much for this year’s grilling season....


33 posted on 04/15/2014 3:58:30 PM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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To: Mama Shawna
Pressure can it.

We did up about 40 pounds of stew meat in jars. It is tender, tasty and you can use it in just about anything.

34 posted on 04/15/2014 3:58:57 PM PDT by Harmless Teddy Bear (Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
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To: miss marmelstein
the delicious but cheap cuts.

Oh, they're delicious enough, but they chew like rubber.

Chewy chewy cheaper cuts,
lasts a long time.

35 posted on 04/15/2014 3:59:58 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: varina davis

LOTS of pork in this house, and chicken. Having grilled teriyaki chicken breasts tonight. Your pork hocks and sauerkraut made my mouth water. I LOVE sauerkraut, but it HATES me at 3 in the morning. :D


36 posted on 04/15/2014 4:00:19 PM PDT by Mama Shawna
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To: 2ndDivisionVet

It’s all by design....This is one of the agendas behind driving out guys like Bundy


37 posted on 04/15/2014 4:01:08 PM PDT by Homer1
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To: Gen.Blather
:snicker:

We wanted to name the pig Lucy. Dad named her Pork-chop.

She was yummy.

38 posted on 04/15/2014 4:01:19 PM PDT by Harmless Teddy Bear (Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
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To: ROCKLOBSTER

Yeah, they must be long-cooked to soften. But, if you have good choppers, they have that wonderful beefy flavor that more expensive cuts lack. As an American, I want it all.


39 posted on 04/15/2014 4:01:35 PM PDT by miss marmelstein (Richard Lives Yet!)
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To: Harmless Teddy Bear

Problem with that is I don’t have the $$$ to buy enough to put up with canning, or I would! We’re on a week to week basis here.


40 posted on 04/15/2014 4:02:36 PM PDT by Mama Shawna
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To: eyeamok

Yes, the dollar is being debased by the Fed, but the beef shortage is very real — it’s at its lowest level in decades and accounts for most of the recent price spike.


41 posted on 04/15/2014 4:02:57 PM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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To: miss marmelstein

Since we are drifting into a 3rd world country, does anyone have a good recipe for night crawlers?


42 posted on 04/15/2014 4:03:49 PM PDT by Karl Spooner
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To: 2ndDivisionVet

I’m glad we have a rancher in the family. Half a beef Home grown, drug free, cut and wrapped for around $1.00 a pound. Haven’t bought a steak in years.


43 posted on 04/15/2014 4:07:16 PM PDT by Doomonyou (Let them eat Lead.)
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To: miss marmelstein

That is exactly the way to have ground beef.

When you hear news stories of people sickened by commercial ground beef, the danger is self apparent. Meat with bacteria on the outside is ground up and the pathogens spread throughout.

I never buy factory burger.

Now if you buy the cheap steaks or roasts, then you can chop it yourself and be confident that it’s safe.

Probably a good vinegar scrub and rinse with water would not be a bad idea.

Cut it into chunks and put it in the food processor. You can control the fat content that way as well.


44 posted on 04/15/2014 4:07:43 PM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: Homer1
It’s all by design....This is one of the agendas behind driving out guys like Bundy

Thee are quite a few people here that hate Bundy. All he tried to do was make a buck to put food on our table from an otherwise worthless land that nobody else would pay a penny for.

45 posted on 04/15/2014 4:08:54 PM PDT by Karl Spooner
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To: kevao

MAybe the Feds should mandate even more FEED to be blended into our Motor Fuel, should do wonders for the Livestock Industry. Do I need a sarcasm tag??


46 posted on 04/15/2014 4:10:18 PM PDT by eyeamok
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To: 2ndDivisionVet

That’s what happens when our gas tanks are full of cow chow.


47 posted on 04/15/2014 4:15:36 PM PDT by Trod Upon (Every penny given to film and TV media companies goes right into enemy coffers. Starve them out!)
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To: 2ndDivisionVet

Remember, food and fuel are not counted in the inflation rate.

WTF?

Not like I buy an appliance every week.


48 posted on 04/15/2014 4:26:26 PM PDT by hadaclueonce (Because Brawndo's got electrolytes. Because Ethanol has Big Corn Lobby)
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To: Karl Spooner

***I just bought 10 lbs of ground chuck for 2.96 lb .***

Ground chuck or ground gristle masquerading as chuck.


49 posted on 04/15/2014 4:28:26 PM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: Gen.Blather

I’d KILL for that classic 1960s bed room suite!


50 posted on 04/15/2014 4:29:45 PM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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