Financing

Why beef costs are increasing so much

A Deeper Dive: David Maloni, senior director of commodities with Arrowstream, joins the restaurant finance podcast to discuss the rise in beef costs and the potential impact of gas prices on restaurants.

What’s going on with beef costs?

This week’s episode of the Restaurant Business podcast A Deeper Dive features David Maloni, the senior director of commodities with Arrowstream.

We wanted to talk with David because beef costs are soaring. Burger King, for instance, said that its beef costs went up 20%.

We discuss why beef costs are going up so much, how long this could last, and what can be done to fix them.

Maloni also talks about why, even in the face of all this, restaurant chains like Burger King and McDonald’s are hyping up their burgers so much.

He discusses talk about other things, too, notably the potential impact of high gas and oil prices both on commodity costs and the consumer.

This is always a good conversation with David so please check it out.

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