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Record U.S.meat prices to make dining tables leaner:Reuters poll
Reuters ^ | 2/4/2011 | Bob Burgdorfer

Posted on 02/04/2011 11:27:46 PM PST by FromLori

U.S. cattle and hog futures are expected to hit record highs this year, a Reuters Polls showed, setting the stage for less meat on the dining table.

The expected higher prices could make it harder for many countries to tamp down surging inflation and calm citizens angered by record high food prices. Already, there have been riots and protests in some North African countries.

Grain prices have been forecast to remain stubbornly high as well this year, with two straight years of high prices seen as the latest sign in the end of cheap food.

"There is going to be less meat per person in 2011, quite a bit less," said Ron Plain, an University of Missouri agricultural economist. "That should push up prices."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; energypolicy; ethanol; foodprices; foodsupply; inflation; meat
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1 posted on 02/04/2011 11:27:53 PM PST by FromLori
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To: FromLori

*sigh*

I bought five turkeys at Thanksgiving. Gotta get them canned.


2 posted on 02/04/2011 11:29:40 PM PST by FrogMom (No such thing as an honest democrat!)
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To: FromLori

Yeah... if food prices ever skyrocket here expect unrest and rioters to start burning down government offices. We’ve been spared that misfortune so far. Most countries subsidize staple food prices to keep a lid on discontent because it could be explosive.


3 posted on 02/04/2011 11:30:35 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: FromLori

It’s amazing to me what it costs now to make a plain ole pot of chili with 2 pounds of meat. Last time I tried 1 1/2 pounds and added more beans.


4 posted on 02/04/2011 11:33:11 PM PST by GnuHere
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To: Nachum

Ping.


5 posted on 02/04/2011 11:33:19 PM PST by Jet Jaguar
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To: GnuHere

Food scarcity has been the key ingredient in revolutionary unrest for centuries.


6 posted on 02/04/2011 11:34:48 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: FromLori

I’ve been selling calves and buying pork or chicken for the house. We used to butcher beeves but it doesn’t pencil out as good now, better to take the cash.

Hogs are way high now. We do try to put 3-5 deer in the freezer every year.

Miss eating the beef, but no one is losing weight yet.


7 posted on 02/04/2011 11:38:36 PM PST by One Name
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To: goldstategop

Then one might imagine that a certain regime’s intentional destruction of its country’s currency through hyperinflation will probably have the desired effect for a “fundamental transformation”.


8 posted on 02/04/2011 11:39:32 PM PST by thecabal (Destroy Progressivism)
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To: FromLori

Go fishing,it’s FREE!


9 posted on 02/04/2011 11:42:24 PM PST by taxtruth (Don't end the fed,jail the fed!)
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To: goldstategop

“Food scarcity has been the key ingredient in revolutionary unrest for centuries.”

Yea, and on top of high unemployment, near depression, and rising prices.
I expect it to get much worse.
It is a good time not to be back in the USSA.


10 posted on 02/04/2011 11:43:20 PM PST by AlexW
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To: goldstategop

I saw two or three articles in the last few days talking about civil unrest coming here.


11 posted on 02/04/2011 11:49:47 PM PST by FromLori (FromLori">)
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To: FromLori

We’re all going to take a hit with the rising prices. But with a little savvy I think the worst of it can be avoided.

My parents taught me how to cook, and how to cook frugally, from an early age. There’s a lot of good eating to be found in cheaper ‘off-cuts’ like pork neck bones. And chicken backs and necks can still be had for a pittance if you can find a store that still carries them. You’ll never taste a better chicken soup than one made with a rich homemade stock and the ‘pickins’ from a bunch of necks and backs.

Buying in bulk helps, too. I love pork more than any other meat, so I usually buy a whole loin in cryovac at Sam’s or Costco and cut it up for chops and roasts. Whole boston butt/pork shoulder is even cheaper. I use shoulder for everything from homemade Italian sausage to grilling to simmering a big hunk of it with sauerkraut and wine.


12 posted on 02/05/2011 12:01:20 AM PST by DemforBush (I got three passports, a couple of visas. You don't even know my real name..)
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To: FromLori

13 posted on 02/05/2011 12:30:37 AM PST by BigCinBigD (Northern flags in South winds flutter...)
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To: FromLori

Don’t tell Helicopter Ben!


14 posted on 02/05/2011 12:56:40 AM PST by Uncle Miltie (0bamanomics: Punish Success, Reward Failure. Destroying America is the point.)
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To: FrogMom

How do you can a turkey ?


15 posted on 02/05/2011 12:57:25 AM PST by Lera
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To: Lera
How do you can a turkey ?

Cut it up, raw pack it or precook it and run it through
the pressure caner, very easy to do!

16 posted on 02/05/2011 2:20:05 AM PST by spartan68
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To: spartan68

Thanks a ton :)


17 posted on 02/05/2011 3:00:20 AM PST by Lera
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To: taxtruth

Fishing is Free? Where? Have you bought all of your permits yet, and lures and bait and gas for the boat?


18 posted on 02/05/2011 3:24:46 AM PST by Venturer
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To: Lera

“How do you can a turkey ?
15 posted on Saturday, February 05, 2011 3:57:25 AM by Lera “

Give it a pink slip and severance pay.


19 posted on 02/05/2011 3:59:47 AM PST by Carl LaFong (Experts say experts should be ignored.)
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To: Venturer

I did the hunting math too - between your license, travel and butchering venison can be over $2 per pound, (at least in NY)


20 posted on 02/05/2011 4:48:38 AM PST by NY.SS-Bar9 (Life is hardly more than a fraction of a second. Such a little time to prepare oneself for eternity!)
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