Detailed text transcripts for TV channel - MSNBC - 20140417:09:38:00
Stephanie goss being has more. >> low supply, high demand, high prices. even the most casual shoppers can't help but notice the difference. at $5.36 a pound, red meat is at the highest price in 30 years. not just beef. chicken rose 24 cents in 2013. eggs 14 cents. a pound of bacon surged 64 cents higher. factors include a virus that wiped out millions of pigs in the u.s. also, a growing demand for u.s. food imports in china. but the biggest culprit is one of the hardest to control. drought. california and the southwest continue to struggle with record water shortages. lots of cattle ranchers h...
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