That Bison Burger Just Got Pricier Thanks To Canada Ranchers

That pricey bison burger just got more expensive.

Ground-bison prices have climbed to record highs as ranchers in Canada are holding back more animals to expand their herds and take advantage of a growing appetite for the grass-fed meat. The cost stayed at an all-time high of C$23.93 ($17.94) per kilogram in November, after reaching the peak a month earlier. Prices were up 41 percent from a year earlier and almost double the price of a kilogram of ground beef, according to Canada’s agriculture ministry.

“With current prices, retention will continue and that will certainly aggravate the supply problem,” said Terry Kremeniuk, executive director of the Regina, Saskatchewan-based Canadian Bison Association.

To read the rest of the story, please go to: Bloomberg