Beef prices soar as Prairies bake
Dry conditions in Canada's cattle heartland are pushing beef prices into unheard of territory. Data released by Statistics Canada Monday shows the May price for 100 pounds of Alberta beef at slaughter was $192.80. That's a 36% jump from the same month a year earlier and the highest price on record in this country. Prices in the stores are soaring: ground beef costs an average $12.64/kilogram, up 18% from a year ago, while sirloin is $24.22/kilogram, up 23%. Dry conditions in eastern Alberta...