Deep freeze in U.S. adds costs for beef buyers

|By:, SA News Editor

Frigid temperatures across the U.S. is adding costs to maintaining cattle herds in key states.

The development, along with the ongoing impact from previous droughts, could mean that U.S. beef production drops to a 20-year low in 2014 to pressure prices.

Related stocks: McDonald's (MCD), Burger King Worldwide (BKW), Texas Roadhouse (TXRH), Tyson Foods (TSN), Wendy's (WEN).