Beef Prices Reach Highest Level Since 1987

English: Australian Brangus steer

English: Australian Brangus steer (Photo credit: Wikipedia)

LUBBOCK, Texas (AP) – The highest beef prices in almost three decades have arrived just before the start of grilling season, causing sticker shock for both consumers and restaurant owners – and relief isn’t likely anytime soon.

A dwindling number of cattle and growing export demand from countries such as China and Japan have caused the average retail cost of fresh beef to climb to $5.28 a pound in February, up almost a quarter from January and the highest price since 1987.

Everything that’s produced is being consumed, said Kevin Good, an analyst at CattleFax, a Colorado-based information group. And prices likely will stay high for a couple of years as cattle producers start to rebuild their herds amid big questions about whether the Southwest and parts of the Midwest will see enough rain to replenish pastures.

Read more at http://www.philly.com/philly/business/20140412_ap_47ea27a0b2244eaea2cabae2a074edb6.html#1ZmJqCrp08y35k34.99

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Taco Bell Fights Back Against Claims They Serve “Mystery Meat”

Here is Taco Bell‘s official response to the lawsuit that claims their beef does not meet the USDA requirements to be called BEEF.  AKA “beefgate”.

http://www.pwrnewmedia.com/2011/taco_bell/beef_grade/downloads/TB_Beef_ad_FINAL_BW.pdf

Sounds like a counter suit is in the works!

Taco Bell “Beefgate” – Where Is Clara Peller When We Need Her?

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Image via Wikipedia

Anybody of a certain age must remember Clara Peller in those hysterical “Where’s The Beef” commercials for Wendy’s.  Now it seems Ms. Peller’s services could once again be used.

Taco Bell‘s “beef” was found to contain less than 35% beef!  It does not meet the USDA‘s requirements to be called beef.  An Alabama law firm is suing, not for monetary gain, but to have the word beef removed from Taco Bell’s advertising.  The “mystery meat” is full of binders and fillers.  Taco Bell vigorously defends their advertising.

So I leave you with one of Clara Peller’s iconic Wendy’s commercials: