It's probably going to cost more soon to consume your fattening fast food burger.
On Tuesday, cattle futures hit an 18-month high as traders bank on unusually strong demand for beef in the U.S. Live cattle futures for June delivery rose 2.4 percent to $1.27050 a pound yesterday, the highest close since August 2015.
Meanwhile, beef prices spiked 10 percent to $2.29 a pound the same day, The Wall Street Journal reported.
Also fueling the surge was a seasonally late snow storm on the Great Plains last weekend, which may have killed some cattle.
Here's who could be the biggest losers from the surge in beef prices.
While McDonald's (MCD) does sell beef-less products like its Chicken McNuggets and Filet-O-Fish sandwich, the fast-food chain of 36,899 restaurants worldwide is still known for selling burgers such as the iconic Big Mac.
The name says it all.
Like competitor McDonald's, Restaurant Brands' (QSR) Burger King sells chicken and other food items sans beef at its 13,000 global restaurants, but the fast-food chain undoubtedly is popular for its famous Whopper hamburger.
The fast-food chain is known primarily for its variety of beef tacos, and therefore will likely be hurt by the latest spike in beef prices.
Yum! Brands operated 6,648 Taco Bell locations at the end of the first quarter.
Shake Shack (SHAK) operates some 114 burger joints in 13 countries, and doesn't really need a headache along the lines of higher beef prices. The company could find that consumers may not be willing to pay even more for pricey Shack burgers, provided it decides to pass along any beef related price hike.
We can't forget about Wendy's (WEN) when mentioning McDonald's and Burger King.
The fast-food chain, also known for its cheap burgers, operates 6,080 Wendy's locations in North America.
Editor's Pick: Originally published May 3.