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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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