I'm not retired quite yet. I still work for a very large national food distributor. Most every item we sell has gone up. Especially beef and pork.
Many of the cost increases are due to labor costs and/or lack of workers. Higher transportaion costs factor in as well. Beef is starting to trend down a bit and so is pork. Chicken isn't bad right now.
Prices will stabilize over time, but sadly not back to where we want them to be. 90% of the resaturants I sell to have raised their prices, and those who haven't are going to.
Restaurants are in a tough spot and taking arrows from a number of directions. Higher food and beverage costs, cost and lack of labor, covid concerns and customer reaction to their higher prices. I see and hear it everyday. Trust me, it's tough time to be in the restaurant business.
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