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Red meat prices skyrocket to highest amount in 27 years

Name: Red meat prices skyrocket to highest amount in 27 years
Uploaded: 2014-04-15T07:15:00-0400
Duration: 1 min 38 s
Description: CBS News contributor and analyst Mellody Hobson talks to the "CBS This Morning" co-hosts about the high price of beef, which reached $5.28 per pound, in February.

CBS News contributor and analyst Mellody Hobson talks to the "CBS This Morning" co-hosts about the high price of beef, which reached $5.28 per pound, in February.