Last year, the Holcomb, KS fire set up the perfect storm for beef wholesale cut prices to rise, with a shorter supply and a robust economy. Ribeyes, chucks, rounds, and tenderloins all saw notable price increases last year. The LMIC retail all fresh beef demand index (base year 2000) saw a strong increase in beef demand, registering 117 and the highest fourth quarter since the base year. The second largest fourth quarter was in 2004.
For more on this topic, see the Livestock Monitor article below.