Food Prices Rising Due To Drought


Published 04/14 2014 04:38PM

Updated 04/14 2014 04:39PM

Beef prices are at their highest level in two decades.

The cost of ground beef has hit $3.55 a pound, according to February government readings.

That's up 56-percent since 2010.

The average for round steak is at $5.28.

The cost of other staples, such as milk, butter, eggs, fruit and vegetables are also climbing.

With a severe drought ravaging farms across most of California, experts say prices could rise even more.

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