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.
Prices going up on every item in the supermarket, while the amount purchased shrinks .just like it was when Jimmah Carter was in office. Some of us were cursed to have seen two really lousy Democrat presidents ruin the economy.
Checked the freezer. 1. Elk, 3. Whitetail Deer, 3 Feral Hog’s and just recently added 3 Turkey Gobblers. Plus we still have some Quail, Dove, Catfish and about a dozen Cottontails. We’re good to go!
True, but I never feared Carter. I truly fear Obama.
“Before you know it, well be eating squirrel and possum again.”
Fried squirrel with biscuits and gravy is some fine eating.
Yes, but how long does it take you to make three trips a day to a restaurant of some type?
Beef prices have been ridiculously high for the las couple of years, they’re going to have to drop sometime.
Farmers are in business to make money, and won’t bypass an opportunity.
Besides, I’m not sure food prices have done anything except reflect the falling value of the dollar.
and keep in mind that gas is still hovering around 4.00 a gallon.then again,look at what party is running the country.
We love wild turkey!
The supply of tuna is getting low.;(
LACK of Global Warming is the culprit? I did not see ethanol production mentioned. Burn animal food in our cars and the price of beef goes up! Wow, who da thunk! I'm sure compliance with ever increasing EPA regulations is a factor also.
Wild Turkey is not bad, but Jack Daniels Black is better
MMMmmmmmmmmmmmmmmmmm....that’d be 4 backstraps. ;)
The ability to put food on your table is paramount.
I remove the breasts, season, bacon wrap and slow cook them on the grill or smoker. Take the wings, leg’s and back and cook them in a large pot of water with seasoning. When done I pull them out and take all the meat off of them. Throw some potato’s onions and whatever else I want and cook them in the broth. When about an hour out I throw in some rice and the rest of the turkey. Fine eating and I put the rest in 1 lb coffee containers and store them in the freezer for later.
I had 10 deer eating the clover in my front yard Sunday evening.
Saw 3 nice size ones during my walk this morning.
Could be a good deer season next fall.
I won’t lie, it is for me heh, my wife is still across the country, won’t be back til June. I try to eat healthyish, but it’s tough cooking on one’s own when you work 12 hour days or more.
I’m in no way judging or disapproving. Just curious.
Life is short. We might as well eat what, when and how we like.
Only problem is it’s harder to keep the weight down then. My wife wants me back in my soldier shape again, which means I need to drop about 10 lbs heh.
Fresh fruits and veggies can generally be had for about $1 a pound, maybe $3 a pound for organic.
For people eating a pound a day—not juicing through them like crazy!—that’s $7 to $21 a week.
Lots of reasons for increased beef prices including several years of drought in cattle country, a winter storm that decimated beef herds in the Dakotas and the ethanol boondoggle that diverts 40% of our corn crop to making motor fuel that could have gone to beef production. However, with high prices beef producers will increase their herds leading eventually to lower beef prices.
Depends on the big packers honestly.
I know quite a few beef farmers. They are not getting the premium that is being charged in the grocery stores.
There is a reason I buy my beef from farmers I know.
How many servings of fruits and veggies are you supposed to get per day? I only juice for two 8oz. glasses per day. That’s 2 fruits and 4 veggie servings, still not the required daily servings.
I don’t know how many pounds of veggies it takes to make an eight ounce glass of juice.
But if you just had six three-ounce servings of veggies a day (thus getting all the fiber as well), you’d be about at the pound-a-day rate of veggie use. That would mean you were paying almost $9 a pound for your veggies.
This morning’s glass of juice:
Half a cucumber
1 beat root with leaves
Yielded a little over 8 oz.
I will give you consideration that you don’t know much about modern juicing
So that’s, what close to two pounds of vegetables for eight ounces of juice—or almost four pounds of vegetables a day for two glasses of juice?
What are you doing with the pulp?
I take it you’re not subsisting on juice, but did you see the speculation that a juicing diet is what killed Peaches Geldof at age 25?
I bought two cans of food, one high priced, one cheap.
The high dollar can was packed full to the top,no excess juice or water.
The cheap can was about 3/4 full, the rest water.
I’ve noticed that on all stuff bought at low ball stores.
Chicken is still the cheapest thing out there, but it may go higher in the future.
I still remember the beef shortage of 1974. I noticed more fat being left on the meat.
My parents remembered the beef glut of the 1930s when government agents bought all they could find, dug a hole and shot and buried them, to create a shortage and get the price up. They would NOT allow anyone to cut a steak from the shot cattle.
Chicken really isn’t the cheapest thing out there anymore, at least where I live and I live in “chicken country.”
Your average modern chicken house holds 35,000 broiler/fryers, across the road from me there are 5 such house and the farmer has 12 more just like it on other properties - and that is just one farmer I know. With 2 processing plants in this county, it’s pretty hard to swallow low end whole chickens costing $1.29/lb on sale.