Beef prices soar before Memorial Day weekend

Ground beef is shown in this undated file image.

May 15, 2013 6:18:23 PM PDT
The grilling season is here, but get ready to pay more for hamburgers and steaks.

Wholesale prices for choice-grade beef is up $0.36 from the previous record set just last week.

The cost of beef traditionally rises with demand for the Memorial Day weekend.

In March, the average beef price hit a record $5.30 per pound.