“We’ve taken a hit, profitability-wise, just to maintain ... a reasonably priced cheesesteak of the best quality they can find," says Ken Silver of Jim's South St.
Rising beef prices might force Philly shop to list cheesesteaks at market price: ‘I really hate to do that’
BY TASSANEE VEJPONGSA, ED WHITE AND OTHERS
July 24, 2025
Where’s the beef? Hamburger inflation is running at 12% as America’s herds literally shrink
BY JOSH FUNK AND ASSOCIATED PRESS
"Families are going to see $10-a-pound ground beef in the grocery store."
Beef costs are still pressuring portfolio name Texas Roadhouse and leading to shakeups at other industry players.
Diners face higher bills for even the cheapest cuts on the menu as supply slumps
Cattle futures contracts have jumped more than 25% over the past 12 months as ranchers face rising costs and cut the size of…
The steakhouse has been doing a great job on things it can control, but high beef prices are still a problem.
Restaurant profit margins squeezed as US and UK are hit by cattle shortages and high demand from protein-hungry diners
