20-02-2013 08:52 AM | USA

Beef prices rise despite market uncertainty

The effects of last year’s drought continue to have an effect — including on the price of beef.

Prices for beef have continued to rise well into winter.

“It’s a combination of the drought affecting pastures for cows and the drought affecting high prices for corn,” said Nancy Degner, the executive director of the Iowa Beef Industry Council. “Retail prices for beef are up 24 percent since 2007.”
Full Story : UI The Daily Iowan