"Our nation's cow herds and beef supply are at an all-time low," said Lauren Scheller of the Arizona Beef Council.
Ranchers were forced to kill off cattle early because of severe drought conditions that gripped parts of the nation and, as a result, there's not enough beef to feed the hungry masses.
Beef prices are expected to continue to climb.
For cost saving tips and recipes, visit ArizonaBeef.org. Shoppers are also encouraged to shop at Valley grocery stores, such as Fry's, Safeway and Basha's, who offer double coupons.