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Widespread Drought Blamed for Soaring Beef Prices

Low production combined with consistent demand have resulted in record high prices of beef, according to experts. CBS News' Anna Werner reports on how the nation's extreme drought is impacting beef prices for producers, restaurants and consumers.

Low production and consistent demand have caused record high prices of beef, according to experts. CBS News' Anna Werner reports on how the nation's extreme drought is affecting beef prices for restaurants and consumers.

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