Last year, consumer spending on beef totaled $74.3 billion. (AP Photo/Jayme Halbritter)
Surging commodity prices have consumers paying more for groceries such as eggs, milk, cereal and particularly beef.
In February, the average retail price per pound for beef was $3.87, up 12.4 percent from a year earlier, according to market research firm FreshLook Data. Get the full story »
