Meat prices spike as 'perfect storm' for farmers drives prices

4:25 PM, Apr 27, 2010   |    comments
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Increased ethanol use has meant less corn for livestock feed, which raises the price.

Simultaneously, many farmers purposely decreased their livestock supply with uncertainty surrounding the country's economic recession.

Combined with a natural increase in the demand for meat as grills come to life in the spring, the climate for meat prices isn't good.

"(Customers) will pay a little bit more but they will shop less," said Rock Kolar, of K & K Portage Market on Warren Road.

"Hopefully, it won't be too bad. They won't entertain as much. You'll feed your family, entertain your family, but the neighbors will have to fend for themselves."

Kolar said the higher prices are tough on customers, but that his base of loyal buyers should help his shop get over the bumps as the summer approaches.


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