Beef Prices Could Increase Due to Drought - NBC29 WVIR Charlottesville, VA News, Sports and Weather

The effects of the midwest drought could soon be felt in central Virginia. The price of corn has skyrocketed, making it more expensive for ranchers to feed steer that would normally produce the highest grade steaks.

Butchers and chefs are already bracing for the pinch, that could increase prices by $2 per pound to $4 per pound.

Ted Anderson with Anderson Carriage Food House said, "We're running right now around $12 a pound for New York Strips and rib-eyes you can see that by November, December hit the $16 mark even as much as $18."

Anderson says he plans to work more with local farmers to help off-set some of the cost.