Hamburgers Are About To Get More Expensive

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The cost of ground beef could increase by as much as 15% this year, after rising 5% in 2013, according to the cattle research firm CattleFax.

<span><span>That means consumers will pay $1 more on average for two pounds of ground beef in 2014, and may soon see higher prices for burgers and other beef dishes at restaurants, assuming the projections are accurate.</span></span>

<span><span>Consumers in the U.S. paid an average $3.50 per pound for ground beef in 2013, </span><span></span>according to government data<span>.</span></span>

<span>Steak prices are also expected to rise, but at a slightly slower rate of roughly 5% to 10%, Kevin Good, a senior analyst with CattleFax, told the Wall Street Journal. </span>

<span><span>A</span><span> decrease in the number of cattle in the U.S., coupled with a hike in the cost of grain, has been driving up beef prices.</span></span><span style="line-height: 1.5em;"> </span>

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<ul><li>This Fast Food Restaurant Is Carved Entirely Out Of Wood</li><li>Sbarro Is Closing 155 Stores</li><li>Burger King's Menu Is Starting To Look A Lot Like McDonald's</li></ul>

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