Consumers soon may have a beef with the high price of meat as the USDA announced Wednesday that food prices will increase because of this year’s drought, which is the worst the United States has experienced in about 50 years.
The forecast, according to The New York Times, estimates that the price of beef will rise 4 to 5 percent. The Times reports that the severe weather is affecting 88 percent of the corn crop, which is used in processed foods and feed for animals.
The National Oceanic and Atmospheric Administration also is reporting that this year is the hottest ever on record for the country.
Many individuals and families will feel the effects of higher food costs, especially those in the middle and lower income brackets. How do they plan to absorb the costs?
Necessity is the mother of invention, so ask readers what they may do to stay within their budgets?
With the price of beef almost certain to increase by 5 percent, how creative are people willing to get with their recipes?
Check with local restaurants and grocery stores to get their insight on the price increases. How much of an effect will be felt on their businesses.