Since December prices have skyrocketed as worldwide production is headed for its third year of dwindling numbers.
Cattle didn't get fat this winter, so leaner herds went to the slaughterhouse, and ranchers have sold off their because of the struggling economy.
"It may be the biggest rally in fed cattle prices from December till April in the last 30 years," said James Herring, president of Friona Industries, a Texas feedlot operator.
This isn't just about beef either, pork and poultry production are also having problems and that means higher prices.
