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Steak prices at HyVee

Tenacious E

HB Legend
Dec 4, 2001
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I get most of our beef from Costco. I ventured into HyVee the other day and wow prices there are crazy. Seems like $17 a pound for steaks that didn’t look that good, some more than $20 a pound. And we’re not talking prime. I can get decent steak at Costco for under $10 a pound, and ribeyes/strips for like $13 a pound. About the same at Sam’s. Not sure why anyone who can doesn’t use Costco or Sam’s club. Csb.
 
I get most of our beef from Costco. I ventured into HyVee the other day and wow prices there are crazy. Seems like $17 a pound for steaks that didn’t look that good, some more than $20 a pound. And we’re not talking prime. I can get decent steak at Costco for under $10 a pound, and ribeyes/strips for like $13 a pound. About the same at Sam’s. Not sure why anyone who can doesn’t use Costco or Sam’s club. Csb.
And, Costco is DEI in giving people with special needs and also non-whites equal opportunities for employment. Win Win
 
I heard a story last week that beef prices are going way up, didn't catch the reason why.
Cattle prices spiked at the end of last year into this year. More demand than the supply, I have heard there is a 2 to 3% deficit. Its not an easy fix, all the old cattle are getting sold at these prices. Even if they could get 1 to 2 more potential calves, the prices are just obscene. I had one farmer said they sold pretty much everything over 6 years old and just keeping all their calves to get the herd much younger.

So far for when I look, it doesn't feel like the increase has hit the grocery store yet. When I live 100+ miles from a Costco, fareway prices or purchasing from the local meat market are my best options.
 
Woke farmers reacting to ongoing drought conditions in the US sold off a lot of their herds. It takes years to build back up the stock.
It wasn't woke it was all the farmers in Texas and Oklahoma. The drought meant sky high feed, and not enough water, which resulted in a lot of livestock deaths and culling of the herds in 2022 and 2023 that has never been replenished. The cattle farmers are knocking it out of the park. Sky high prices, cheap hay and feed costs, the cattle farmers are being called even as of last week to see if they need hay for pennies on the dollar. Low inputs and high sell prices, result in a huge margin.
 
Hy-Vee loves to advertise sales on their steaks at something like $10-15. Then you read the fine print and realize that isn’t per pound pricing but instead per 8oz choice New York strip or ribeye steak. Not paying $20-30 per pound for lower end steaks that are just average cuts.
 
It wasn't woke it was all the farmers in Texas and Oklahoma. The drought meant sky high feed, and not enough water, which resulted in a lot of livestock deaths and culling of the herds in 2022 and 2023 that has never been replenished. The cattle farmers are knocking it out of the park. Sky high prices, cheap hay and feed costs, the cattle farmers are being called even as of last week to see if they need hay for pennies on the dollar. Low inputs and high sell prices, result in a huge margin.
I said woke because farmers reacted to a persistent drought. A drought many believe is exacerbated by climate change. Farmers actions signal an acknowledgement the planet and markets are changing to a new reality no matter what is said publicly about such silly things as human based climate change.
 
Cattle prices spiked at the end of last year into this year. More demand than the supply, I have heard there is a 2 to 3% deficit. Its not an easy fix, all the old cattle are getting sold at these prices. Even if they could get 1 to 2 more potential calves, the prices are just obscene. I had one farmer said they sold pretty much everything over 6 years old and just keeping all their calves to get the herd much younger.

So far for when I look, it doesn't feel like the increase has hit the grocery store yet. When I live 100+ miles from a Costco, fareway prices or purchasing from the local meat market are my best options.
Every time I go back to NW Iowa, I bring a cooler and hit Fareway.
 
I get most of our beef from Costco. I ventured into HyVee the other day and wow prices there are crazy. Seems like $17 a pound for steaks that didn’t look that good, some more than $20 a pound. And we’re not talking prime. I can get decent steak at Costco for under $10 a pound, and ribeyes/strips for like $13 a pound. About the same at Sam’s. Not sure why anyone who can doesn’t use Costco or Sam’s club. Csb.
Fareway has good cuts of meat, generally at reasonable prices. I don’t like to pay for membership fees to be a Costco or Sam’s Club member.
 
We haven’t had good luck in buying beef in bulk like that…got some fatty cuts of meat. Maybe we just got it from a poor source?
I purchase at the local mean market some time, what I have found is the fat layer is thicker, harder than what I can get at say Fareway, there also tends to be less marbling of the meat, however it does tend to have better flavor in my opinion and you know it doesn't have any preservatives that the producers put in it or on it, or injected with water to increase the weight.
 
I purchase at the local mean market some time, what I have found is the fat layer is thicker, harder than what I can get at say Fareway, there also tends to be less marbling of the meat, however it does tend to have better flavor in my opinion and you know it doesn't have any preservatives that the producers put in it or on it, or injected with water to increase the weight.
I like the preservatives. 😉
 
We haven’t had good luck in buying beef in bulk like that…got some fatty cuts of meat. Maybe we just got it from a poor source?
That can happen, we have a good volume of guys raising and selling beef here. It's not hard to find out who knows what they are doing. We have a guy here selling for $3.00 a pound hanging weight plus processing fee. His beef is really just so-so. We are paying $4.00 a pound hanging weight from a guy that has a great reputation.
My son-in-law worked for a well driller that raise cows. He got a beef per year for processing fees. Some if that was better than other. I bought 2 freezers on sale from Menards, I'll be buying a whole hog this year also.
 
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I get most of our beef from Costco. I ventured into HyVee the other day and wow prices there are crazy. Seems like $17 a pound for steaks that didn’t look that good, some more than $20 a pound. And we’re not talking prime. I can get decent steak at Costco for under $10 a pound, and ribeyes/strips for like $13 a pound. About the same at Sam’s. Not sure why anyone who can doesn’t use Costco or Sam’s club. Csb.
THANKS OBAMA
 
Cattle prices spiked at the end of last year into this year. More demand than the supply, I have heard there is a 2 to 3% deficit. Its not an easy fix, all the old cattle are getting sold at these prices. Even if they could get 1 to 2 more potential calves, the prices are just obscene. I had one farmer said they sold pretty much everything over 6 years old and just keeping all their calves to get the herd much younger.

So far for when I look, it doesn't feel like the increase has hit the grocery store yet. When I live 100+ miles from a Costco, fareway prices or purchasing from the local meat market are my best options.
 
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Cattle prices spiked at the end of last year into this year. More demand than the supply, I have heard there is a 2 to 3% deficit. Its not an easy fix, all the old cattle are getting sold at these prices. Even if they could get 1 to 2 more potential calves, the prices are just obscene. I had one farmer said they sold pretty much everything over 6 years old and just keeping all their calves to get the herd much younger.

So far for when I look, it doesn't feel like the increase has hit the grocery store yet. When I live 100+ miles from a Costco, fareway prices or purchasing from the local meat market are my best options.
Yes I have read the big picture stuff spiking prices. I guess my OP was more focused on the contrast in prices between Costco/sam’s and HyVee. Maybe Costco has longer term contracts where they are locked into lower prices?
 
Yes I have read the big picture stuff spiking prices. I guess my OP was more focused on the contrast in prices between Costco/sam’s and HyVee. Maybe Costco has longer term contracts where they are locked into lower prices?
The buy hedges, no different than Hersheys buy hedges or purchasing ahead of time on cocoa. Cocoa spiked has spiked even more in the last year. Once those hedges or marketing runs out their prices will go up as well.
 
Genuine A5 panda or panda farm raised in the US?
Real deal. My crew hunts the Quinling Mountain forests and tags them with radio transmitters and then when I have the itch for it for dinner the following evening, they tranquilize one and helo it to Hong Kong. Best to have them alive for the transport to the US. My G6 gets it across the Pacific and thanks to special arrangement, bypass USDA screening and land directly at my private airstrip and goes straight into the holding pen just 12 hrs later. Bleed it out, sear rare, and on Halle’s tummy by supper time. Very efficient and only tricky part is keeping them entertained for the long flight.
 
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