Skip to comments.Beef prices hit all-time high in U.S.
Posted on 04/09/2014 3:42:47 AM PDT by ilovesarah2012
Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock. Beef prices have reached all-time highs in the U.S. and aren't expected to come down any time soon. Extreme weather has thinned the nation's beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America. "We've seen strong prices before but nothing this extreme," said Dennis Smith, a commodities broker for Archer Financial Services in Chicago. "This is really new territory." The retail value of "all-fresh" USDA choice-grade beef jumped to a record $5.28 a pound in February, up from $4.91 the same time a year ago. The same grade of beef cost $3.97 as recently as 2008. The swelling prices are roiling the beef supply chain from rancher to restaurant.
(Excerpt) Read more at latimes.com ...
Add to this the coming shortage of pork and pork products, due to a virus not previously extant in this country, that kills baby piglets, thus decreasing the availability of those sides of pork six months to a year from now.
As of now, there is very little the pork producers can do to contain or stop this virus infection. Even as prolific as swine are, the births cannot keep up with the devastating loss in numbers until this virus is controlled in some way.
There is a way out.
I didn’t know about the pork virus. I can do without beef but I love pork.
The American standard of living continues to decline.
And the package size drops as well.
“And it isn’t just beef - all food items have gone up and keep going up. Of course, there is no inflation.”
That’s right. It was frightening that unemployment and inflation didn’t cost Obama the 2012 election; these were things that effect everyone (including welfare queens), and he won anyway.
But I'll bet Mr. Ranger would be PISSED!
Before you know it, we’ll be eating squirrel and possum again.
It is now almost as cheap to eat out every meal than buy food, cook and clean up afterwards. I can go out to eat every meal and spend less than $25/day. If I go to the store every week I spend almost that same amount.
All I can afford is cube steak, and it’s gone up.
The Currency of the future will be chicken eggs and tubes of Neosporin.
That sounds to me like low-end dining out and high-end grocery shopping. My guess is that ultra-convenience is the common denominator.
If you can grab it quickly enough, there is plenty of road kill out there....
We just buy what’s on sale. I wonder if prices would be as high if there were no food stamps?
The obumer won the election because of voter fraud...plain and simple... I absolutely refuse to believe the American people are that stupid...
If it takes 1 hour a day to shop, cook and clean up then that has to be factored into the calculation. Your time has value.
It really is amazing that we have a White House pushing obesity and food desert ideology, but no one can afford to eat decent food. As long as a person can eat off the McDonald’s menu for under $5 per day, why pay huge prices for the government’s centrally controlled, subsidized beef, pork, or chicken?
Seriously though, prices are through the roof for groceries. I recently started “juicing” as a way to improve my consumption of more vegetables and fruits. Juicing just the daily normal allotment of “fresh” fruits and veggies runs over $60 in my grocery cart per week. And that’s just for me, not a family of 4 or 5.
The liberals famous “food desert” is happening in middle America too as no one can afford real food. Beef shortage and pork shortage is going to be a famine for many who can’t afford to pay for their meat. The only one’s who will be buying it are the folks with EBT cards.
We see it now as we stand in line to check-out. The full grocery cart with steaks, lobster, and junk food all paid for with our tax dollars...while we buy low-end quality products. We are already seeing ‘welfare queens’ being taken better care of than those who are forced to donate to the government charity system and centralized subsidized farmers.