Beef prices shoot up after harsh winter -

Beef prices shoot up after harsh winter -: "A harsh winter and cash-strapped ranchers — let's not forget commodity speculators — have reduced cattle herds and caused prices to shoot up nearly 25% since last year, the Financial Times reports. Expect that burger or steak to cost more in the months ahead, the meat experts say."

Another indication that food prices are going to rise for a while.