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27%  
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  • Beef prices hit record high

    01/13/2014 5:14:13 AM PST · by SoFloFreeper · 53 replies
    wjla.com ^ | 1/10/14
    Select grade beef has hit a record high this week. The weather has an impact, but that’s not all... Beef prices will increase by 2.5 to 3 percent this year, according to the USDA. “For some peoples' diet it’s gonna be a pretty big chunk of change,” says George Lesznar of Harvey’s Market in D.C. U.S. cattle cost more because of a rebound effect from several years of drought in major producing places like Texas, Nebraska, and Kansas. With the increased cost of feed some ranchers reduced their herds. The USDA called America’s cattle herd the smallest in 60 years....