A long drought is being blamed for higher beef prices
Photographer: VirtualErn / Creative Commons Attribution 2.0
Posted: 02/01/2012
Be prepared for sticker shock the next time you go to the store to buy beef.
The Department of Agriculture says beef prices are going up.
The problem is that ranchers are keeping fewer cattle.
A long-going drought has hit corn crops hard.
Cattle eat corn and when corn is expensive ranchers can't afford to feed as many animals.
Restaurant owners are concerned the high price of steaks could keep people from going out to eat.
Last year beef prices rose 10%.
Ranchers say 2012 is expected to be just as bad, if not worse, than 2011.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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