(NBC NEWS) Don’t be surprised if you see fewer steaks on the backyard barbecue this summer.
Economists are expecting grocery prices to rise modestly in 2014, following a year in which grocery bills barely budged. That could lead to sticker shock – especially in the meat aisle, where beef prices have reached record highs – and cause shoppers to trade out pricier foods for other, less expensive ones.
Economists are already starting to see signs of those tradeoffs, especially when it comes to red meat.
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