We should've seen this coming. Droughts and generally bad weather thinning out beef herds. Price, availability, and demand a basic rule of economics.
Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock.
Beef prices have reached all-time highs in the U.S. and aren't expected to come down any time soon.
Extreme weather has thinned the nation's beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America.
And it doesn't appear to be getting any better!
Read more @ Beef prices hit all-time high in U.S. - latimes.com