NEWS
Tue May 27, 2014 06:25 AM CDT

(Dow Jones/Globe & Mail) -- Canada's inflation rate is tame, but meat lovers see a different picture -- prices for steaks and chops are soaring, just in time for barbecue season.

The price of a sirloin steak has risen 12%, and pork chops are up 16% in the past year, Statistics Canada says. By comparison, overall inflation is just 2%, or 1.9% for a broad range of food.

The reason? A piglet-killing virus has sent hog prices soaring, and fewer cattle are being sent to slaughter as herds recover from years of culling. At the same time, grilling season is ...

Quick View
Related News Stories
Tyson to Shed Three Plants
Harrington's Sort and Cull
Black Eyes
Tyson Wins Hillshire Battle
Harrington's Sort and Cull
Brazilians' Meat Ambitions
Hillshire Plans Talks
Poultry Industry Roaring Back
Tyson Offers $6.1B for Hillshire Brands
Pilgrim's Seeks to Buy Hillshire