Inside these posts: National Cattlemen’s Beef Association

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Beef leading commodity price surge

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 »