Why Are Beef Prices Soaring?

First, it was eggs, and now it’s beef. Just in time for grilling season, beef prices continue to rise. And although the overall economy is contributing to the increase, other factors are at work.

With budgets already stretched, the thought of additional costs to your meal is frustrating. But how high are beef prices expected to go? And why do they continue to increase?

Americans like their beef. From hamburgers at McDonald’s to grilled steaks, Americans have enjoyed beef for decades. And in the past, the producers could fill the beef order. […]

Read the whole story at www.theepochtimes.com