MINNEAPOLIS (WCCO) — You may have noticed higher prices at the grocery store, and you can blame the extreme weather.
Unfortunately, analysts believe prices will only go higher.READ MORE: Pottery Studio In Hutchinson Nationally Recognized For COVID Comeback Story
With the cold weather in much of the country, and a drought in California, farmers have produced fewer crops, creating a chain reaction.
Ranchers are paying more to feed their cows, leading to higher milk and beef prices.READ MORE: Friends, Family Gather To Celebrate The Life Of Former WCCO'er Denise Rosen
The government predicts prices will jump 3-and-a-half percent this year.
“I think it’s going to be a lot higher…and that affects everything,” said Phil Lempert, the Supermarket Guru.
Last month, the price of beef jumped 4 percent. That’s the most in 10 years.MORE NEWS: Early Voting Begins: Minneapolis Residents Will Vote On Controversial PD Ballot Question
Some analysts believe milk prices will jump another 10 percent in the coming months.