Diners face higher bills for even the cheapest cuts on the menu as supply slumps
Diners face higher bills for even the cheapest cuts on the menu as supply slumps
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Restaurant profit margins squeezed as US and UK are hit by cattle shortages and high demand from protein-hungry diners
Beef costs have hit a record high, and the restaurants built around brisket and ribeye are the first to bleed—though not all of…
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A sharp uptick in prime cuts is distorting the UK market, say industry groups
Beef prices could increase as much as 18.3% this year due to high demand and higher production costs.
The restaurant industry says it is facing a double whammy - rising costs and customers with less money.
