- Joined: 8/15/2005
- Location: Ipswich Ma
NY steak shortage
Wed, 08/8/07 9:50 AM
According to todays NY sun www.nysun.com
there appears to be a shortage in prime beef. The article states that only 2.5% of beef produced in the US is considered prime.
The blame is being placed on corn shortages due to alternative fuel.
It's a never ending circle. Dairy products, milk and cheese and so forth have all seen a spike in prices. You think there might be some price gouging going on? I'll have to hedge my position and buy corn futures. Chow Jim