Bismarck Restaurant Plans Ahead As Beef Prices Rise - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Bismarck Restaurant Plans Ahead As Beef Prices Rise

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Beef prices are sizzling upwards.

"Basically you have to get a second mortgage if you want a pound of hamburger," says one local woman.

In the United States there are around the same number of cows today as there were in 1951.

A representative from the North Dakota Beef Commission says fewer cows and more consumers brings higher prices.

"It's definitely a function of supply and demand. And because drought and feed cost issues all over the country we're seeing the cow herd, which is our factory be significantly reduced," says North Dakota Beef Commission Executive Director Nancy Jo Bateman.

But, the Peacock Alley restaurant in Bismarck plans ahead to keep prices down.

"We have been working with the North Dakota Beef Commission and the National Cattleman's Association for the last couple years and we saw this coming a couple years ago," says Peacock Alley owner Dale Zimmerman.

They restaurant has been choosing newer beef cuts like Teres Major, which Zimmerman says is about as tender as a fillet for about half the price.

"We have been working on unique beef cuts that are still high flavor high in tenderness but in lower prices per pound."

Although the restaurant hasn't raised prices in over a year he says that may change...

"It's something that we're probably gonna have to look at in the near future. Especially heading into the fall when it's expected another spike is gonna happen."

He says the restaurant has absorbed cost increases and worked smarter in other areas to keep prices lower for customers...

"We've been doing a lot of things negotiating with vendors without suffering on the quality end just trying to figure out how to get through this next couple years with really, really high prices."

But, he says planning ahead has made a big difference.

Last year the restaurant won the National Beef Innovator of the Year award.

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