Will The Sequester Push Local Meat Prices Higher? - 8NEWS - WRIC | News Where You Live

Will The Sequester Push Local Meat Prices Higher?

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Richmond, VA—The hotly-contested sequester is just a day away, and now, the impact it will have on meat products and prices is being examined.

The White House says the sequester could mean fewer federal meat inspectors, meaning less meat entering the marketplace. Local butcher Tanya Cauthen of the Belmont Butchery is concerned about that the federal spending cuts will drive up the price of meat.

"I don't think we'll ever run out of anything, I think what will happen is the meat industry will hike prices in order to basically bide through the time."

Cauthen relies on local farmers and the national meat supply for her business. She says there's no particular meat that will be hit hardest; fewer federal meat inspectors would hurt every meat product.

"It's going to be across the board because the amount of meat that is being processed on a daily basis across this country is huge."

Cauthen plans to keep worry and speculation to a minimum, and wait to see how the changes will impact her business.

"Nothing might happen, a lot might happen, but we can kind of roll with the punches. And really communicate with our customers and really just let people know what's going on," she says.

Stay with 8News for updates.

 

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