Businesses not worried about rising beef prices - KSFY News - Sioux Falls, SD News, Weather, Sports

Businesses not worried about rising beef prices

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Beef prices continue to rise. "A year ago I thought it was high, and ever since then I think it's gotten higher," cattle buyer Keith Eichler said.

The demand for U.S. beef in Asia is one reason we are seeing a shortage, weather is another cause." It's mainly been caused by the reduction in numbers. We've had droughts in different areas and the cost of production is high. They were losing money on cattle for a bunch of years," Eichler said.

Aberdeen's Max and Erma's has a lot of beef choices on their menu, but they haven't seen a significant price hike. "I know we have raised it a little bit since I've been here, but not by anymore than 20 cents an item," assistant manager Nicole Landsem said.

She said she doesn't think the rising beef costs will be affecting their restaurant in the near future.

"We've been good this far, so I think we'll continue to be okay with what we've been doing," Landsem added.

Ken's Superfair Foods Supermarket in Aberdeen, makes sure to offer discounts and occasional sales on their beef.

"Right now we're at $4.09, $4.19, and $4.29 for our 85% beef, you save 20 cents a pound if you go to the family pack," meat cutter Josh Rhea said.

Rhea also said they haven't seen a loss in beef sales yet this year, and he doesn't think consumers will stop buying steaks and burgers.

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