Torkelson of Argyle, Texas, told CBS News his family doesn't yet know the upper limit of what they are willing to pay for certain groceries. "I haven't found it, I'd like to see it back down," ...

Rising beef prices are causing financial strain for Ohio restaurants. A historically low cattle supply, due to last year's drought, combined with high consumer demand is driving up costs. Experts ...

Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid ...

The past few years have seen record prices for all categories of beef cattle. Producers and cattle buyers are wondering how long this upward trend will continue. Shawn Mills and his wife own Eureka ...

Fort Worth, Texas — The dinner shopping list for Darlowe Torkelson and his wife was short. At today's prices, it consisted of just one sirloin steak and one potato. Torkelson of Argyle, Texas, told ...