As the Price of Beef Soars, Restaurants Are in ‘Code Red’ Mode NYT | Top Stories By: Julie Creswell 11 December 2025 at 02:32 Midpriced steakhouses and fine-dining establishments are trying to figure out how to cover their rising costs without scaring away customers. © Hunter McRae for The New York TimesRestaurants that specialize in steak, like Halls Chophouse in Charleston, S.C., are feeling the same sticker shock from beef prices as consumers in grocery stores.