MarketWatch - 05/23/15

This barbecue season it’s all bacon, all the time

As the summer grilling season kicks off this weekend, Americans are seeing sticker stock when it comes to their steaks and burgers. Ground beef prices in April rose to a record $4.23 a pound, according to the Bureau of Labor Statistics, as beef prices have risen 14 months in a row, according to the U.S. Department of Agriculture. Just five years ago, hamburger prices were almost half that, at $2.36 a pound. Americans spent about $298 per person on beef in 2014, and $170 on pork, according to the National Cattlemen’s Beef Association, the highest dollar amounts in 25 years.