Record High Beef Prices Remind Shoppers of Costly Egg Shortages
Beef prices have risen for eight straight months on a not-seasonally-adjusted basis.
Photographer: Olivia Harris/BloombergEggs were the poster child for food inflation last winter. Burgers could be the next.
US beef prices are poised to extend their surge, reaching new record highs in the coming months, with restrictions on Brazilian imports further squeezing already tight domestic supplies, according to global meat trader Parker-Migliorini International Llc.