With U.S. cattle herds at their lowest levels since the 1950s and corn feed prices on the rise, beef prices are on the rise.
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June 12, 2013 No, your eyes aren't fooling you: Prices for burger and steak meat have been going up this summer. Why? The ongoing drought in the Midwest has created a shortage of feed, raising expenses for ranchers and forcing some to cull their herds. And economists don't expect the beef price hikes to let up this year.
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