BOARDMAN, Ohio (WKBN) – The cost of a Memorial Day cookout could cost a little bit more for anyone planning to buy beef or eggs.
Michael Rulli of Rulli Brothers said the price increase is pretty typical for this time of year.
The cost of beef is up almost 14 percent from a year ago. The Bureau of Labor Statistics said an average pound is $4.20.
“Usually in the beginning of May, you’ll see an increase. It’s all conducted by the growers that are in Nebraska and Iowa. The beef producers in Nebraska and Iowa pretty much predict the market for the entire country,” Rulli said.
Valarie Smotrila of Leetonia bought ground and roast beef for her family’s meals this Memorial Day weekend..
“I don’t like to see the prices go up, but if you know you’re getting a good product and you know you’re getting good price,” said Smotrila.
Rulli said beef prices normally drop after July 4 about 20 to 30 percent. But for now, he said they try to make it affordable for customers.
“You pretty much have to sell it at cost. So this way, everyone can enjoy the holidays with some good steaks on the grill,” Rulli said.
It is not just the cost of beef that is up. It is also the cost of eggs.
Rulli said countries like England, Japan and China are concerned about importing eggs from the United States after the death of millions of hens from bird flu. It has raised the price of eggs by 58 percent from this time a month ago.
At Rulli’s, they cost around $2 compared to a $1.29 last month. But, Fred and Darlene McCrimmon of Johnson don’t mind paying a couple extra cents.
“It is worth it to have good eggs,” Darlene McCrimmon said.
Rulli expects eggs to drop about 40 cents by June.