High beef prices could get even higher soon: How to trim those costs [Video]

Lehr’s Prime Market, a family-owned butcher shop and specialty market, has freshly cut steaks ready for grilling season.

Even though his family’s shop doesn’t sell foreign beef, butcher JT Homan worries that expected tariffs on goods from Canada will raise beef prices even more, just as people start to clean their grills for warmer weather.

“We expect, and the market reports are showing, that they’re on their way up for the increase in demand coming this summer,” Homan said.

Homan explained that prices are in an early spring lull, saying prices are lower now compared to December, but all could change.

The rising price of beef

Homan describes the barrel cut of the filet mignon as the “cream of the crop,” but at $54 a pound, even meat lovers may be looking for cheaper alternatives.

At Lehr’s Prime, rib eye and strip steaks are cheaper at $24 per pound, but Homan said thin flank steaks and sirloin caps …