Note that beef prices are expected to continue on their way up due to adverse weather conditions leading to low supplies. Grass farmers raise beef and grass needs rain. The Ft Worth Star-Telegram reports:
Texas lost 15 percent of its cattle – or about 2 million animals – between January 2011 and January 2013, as ranchers sold them to out-of-state buyers or sent them to slaughter due to an unrelenting drought.