Drought-Stricken Beef Prices Rally to Record High

July 2 (Bloomberg) -- In today's "Futures In Focus," Bloomberg's Alix Steel reports that beef prices have hit an all-time high just in time for Independence Day barbecues, thanks to the U.S. drought in 2012. She speaks on Bloomberg Television's "Market Makers."
Why Do Americans Still Feel Like It’s a Recession?
49:42 - Citi Head of North America Economics William Lee and Council on Foreign Relations President Richard Haass discuss the U.S economy and labor market. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)
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