We’ve seen the images of the ferocious drought in the West. In Michigan, that drought has affected beef prices, which have skyrocketed upwards of 34%, according to the U.S. Department of Agriculture.
Rick Magner, who owns Ann Arbor’s iconic Blimpy Burger, says he's seen beef prices rise 40 cents in the last month. Magner says he had to raise the price of a burger from $2.44 two years ago to the current $3.49.
Magner says so far customers haven’t really complained about the increased price of burgers, and he isn’t worried about raising prices again, saying, “eventually it’ll level out.”
“I’ve only had a couple of customers that did a double take, but for most people, it hasn’t been an issue.”
*Listen to Rich Magner discuss impact of beef prices on Blimpy Burger above.