MADISON, Miss. (WLBT) – Summer barbecues as well as dinner shopping will cost you more as meat prices rise across the country.
Last week, a cyberattack shut down the largest meat processor in the United States, further raising meat prices. A local beef producer who, despite rising operating costs, has not raised his prices.
Remington-Lott Farms, located in Madison, sells beef raised on their Canton farm. Owner Greg Lott said he started noticing price increases nationwide more than a month ago.
“The meat that comes out of your major factories, I think they’re currently at an all-time high,” Lott said.
According to boeufmagazine.com in April, beef prices were 18.5% higher in wholesale and 11.5% higher in retail compared to 2019 levels. Shortages of workers at processing facilities are also reported .
“I personally think they will increase by the fall due to a lack of supply,” Lott added. “The supply chain, like us locally at Remington Farms, has not affected our supply chain as we transport our livestock to a local processor and then bring them to our stores. “
David Raines, owner of The Flora Butcher, reports that the price of premium beef, pork and chicken has doubled. He expects there will be a shortage soon due to the availability issue.
Experts say that in recent months consumers and restaurants have increased demand for meat. So be prepared to pay more in the weeks and months to come at your local grocer.
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