ArturVerkhovetskiy / Depositphotos.com
Americans grilling outdoors this Memorial Day weekend will notice higher prices for many barbecue essentials.
The most recent inflation data from the Bureau of Labor Statistics shows prices have jumped since last year for several popular cookout dishes.
Ground beef prices have soared by over 14-percent, while the cost of steak is up 16-percent.
U.S. cattle inventories have dropped to the lowest level in over 70 years as ranchers deal with the impacts of droughts and shrinking herds.
Even the price of hot dogs is up nearly 11-percent.
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