Price of meat expected to increase 4 percent in 2013 - Quincy News, Weather, Sports, and Radio

Price of meat expected to increase 4 percent in 2013


The USDA says the price of meat and poultry is expected to rise 4 percent in 2013.

Dan Veihl, owner of the Butcher Block in Quincy says his business hasn't seen much of increase, yet. But, come April, consumers could expect to pay $2 more for cuts of meat.

Veihl says if your paying $6 for a rib-eye now, in a couple of months, that price could be up to $8.

"There's a lot of factors that come into play. The first thing starts with the Texas drought we had about 2 years ago," Veihl said. "The second thing is you had the hurricane out on the east coast that affected the market by the demand going way down there. So, the market would've actually went up if it wouldn't be for what happened out there. So, that came into play, plus the high corn market."

The USDA is also saying the lack of rain could cause grain prices to go up, which means you could be dishing out more for things like cereal and bakery goods.

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