NY steak shortage

Filet Mignon
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2007/08/08 09:50:06 (permalink)

NY steak shortage

According to todays NY sun www.nysun.com there appears to be a shortage in prime beef. The article states that only 2.5% of beef produced in the US is considered prime.

The blame is being placed on corn shortages due to alternative fuel.
It's a never ending circle. Dairy products, milk and cheese and so forth have all seen a spike in prices. You think there might be some price gouging going on? I'll have to hedge my position and buy corn futures. Chow Jim

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