Beef Prices Highest In 27 YearsIf beef is what's for dinner at your house, it's going to cost you more. Beef prices are the highest they've been in 27 years. Fewer cattle, drought and cold weather are all contributing to push prices to an average of $5.04 per pound in January Penny Jernberg, general manager of the 5-8 Club in Minneapolis, says the demand for her restaurant's trademark juicy Lucy burger is steady, while prices for the main ingredient are climbing.
Minn. Beef Producers To Vote On Doubling CheckoffMinnesota beef producers vote in February on whether to double the state checkoff to $2 for every head sold to help elevate the image of beef. The state's beef checkoff has been $1 a head for 28 years.