Experts attribute the rising costs of beef to back-to-back-to-back droughts that yielded a 52-year record low supply of cattle, thereby driving up the price.
FOX 5 NY's Kendall Green shows us how mother nature may have played a role in this.
The spike in costs means not only are your trips to the grocery store more pricey, but even some of New York City's finest steakhouses are struggling to keep up. The price of a sirloin steak is now up to an eye-watering $63.95. A bone-in ribeye steak $73.95, and a filet mignon nearly $66. Expensive meals, but for the restaurant, the cost of survival.
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