With beef prices climbing to record highs, many consumers across the country, reeling from sticker shock, are wondering aloud why a ribeye steak costs nearly $22 per pound. Economists say the reasons ...

Beef prices remain near record highs as the U.S. cattle herd sits at its smallest size in decades, with ground beef up 13% and steak up 16% from a year ago. Consumers are still buying beef despite ...