Shoppers have been coughing up the big bucks for beef this year, as data from the Federal Reserve shows beef prices continuing to climb. Ohio cattle farmers have been reaping the benefits of those high prices.

Beef prices have steadily been on the rise since the 1980s but saw a steep uptick in 2020 , according to data from the Fed. Those prices jumped again last year, with the most recent data pricing a pound of ground beef at $6.25 nationwide and $6.33 in the Midwest.

"All time highs definitely in the cattle, anything beef related is at all time high prices from our market side that we've seen," said Thurman Mullet, the president of Mt. Hope Auction.

Mt. Hope auctions livestock, hay and produce in Holmes County and has a big feeder calf sale, where young cattle mature enough to be f

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