Prices for beef are set to increase
From Reuters
Prices for steaks, filet mignon and hamburger will be going up just as consumers begin firing up outdoor grills for spring cookouts because of a sharp increase in wholesale beef prices, food industry sources said.
Wholesale beef prices are hovering at the highest level in nearly 3 1/2 years in reaction to demand from supermarkets for upcoming cookout promotions and to tight supplies of beef.