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Beef prices hit all-time high in U.S.
latimes.com ^ | April 8, 2014 | David Pierson and Tiffany Hsu

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 ...


TOPICS: Business/Economy
KEYWORDS: beef; foodprices
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Anyone who grocery shops knows this. And it isn't just beef - all food items have gone up and keep going up. Of course, there is no inflation.
1 posted on 04/09/2014 3:42:47 AM PDT by ilovesarah2012
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To: ilovesarah2012

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.

Soylent Green.


2 posted on 04/09/2014 3:51:10 AM PDT by alloysteel (Selective and willful ignorance spells doom, to both victim and perpetrator - mostly the perp.)
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To: alloysteel

I didn’t know about the pork virus. I can do without beef but I love pork.


3 posted on 04/09/2014 3:53:00 AM PDT by ilovesarah2012
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To: ilovesarah2012
All the more reason to have venison on the grill......


4 posted on 04/09/2014 3:54:04 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: ilovesarah2012

The American standard of living continues to decline.


5 posted on 04/09/2014 3:56:44 AM PDT by Monmouth78
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To: ilovesarah2012

And the package size drops as well.


6 posted on 04/09/2014 4:04:45 AM PDT by mabarker1 (Please, Somebody Impeach the kenyan!!!!)
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To: ilovesarah2012

“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.


7 posted on 04/09/2014 4:09:57 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Daffynition; SgtBob; Chode
From the right angle that could be a 2fer head shot!

But I'll bet Mr. Ranger would be PISSED!


8 posted on 04/09/2014 4:09:59 AM PDT by mabarker1 (Please, Somebody Impeach the kenyan!!!!)
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To: Monmouth78

Before you know it, we’ll be eating squirrel and possum again.


9 posted on 04/09/2014 4:12:16 AM PDT by ilovesarah2012
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To: ilovesarah2012

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.


10 posted on 04/09/2014 4:28:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: ilovesarah2012

All I can afford is cube steak, and it’s gone up.


11 posted on 04/09/2014 4:29:05 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: ilovesarah2012; Daffynition; RKBA Democrat; Diana in Wisconsin

The Currency of the future will be chicken eggs and tubes of Neosporin.


12 posted on 04/09/2014 4:30:42 AM PDT by KC_Lion (Build the America you want to live in at your address, and keep looking up.- Sarah Palin)
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To: central_va

That sounds to me like low-end dining out and high-end grocery shopping. My guess is that ultra-convenience is the common denominator.


13 posted on 04/09/2014 4:31:48 AM PDT by 9YearLurker
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To: ilovesarah2012

If you can grab it quickly enough, there is plenty of road kill out there....


14 posted on 04/09/2014 4:32:00 AM PDT by alloysteel (Selective and willful ignorance spells doom, to both victim and perpetrator - mostly the perp.)
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To: Dr. Bogus Pachysandra

We just buy what’s on sale. I wonder if prices would be as high if there were no food stamps?


15 posted on 04/09/2014 4:34:31 AM PDT by ilovesarah2012
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To: ilovesarah2012


16 posted on 04/09/2014 4:37:35 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: kearnyirish2
"That’s right. It was frightening that unemployment and inflation didn’t cost Obama the 2012 election."

The obumer won the election because of voter fraud...plain and simple... I absolutely refuse to believe the American people are that stupid...

17 posted on 04/09/2014 4:39:04 AM PDT by unread (Rescind the 17th. Amendment...bring the power BACK to the states...!)
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To: 9YearLurker

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.


18 posted on 04/09/2014 4:41:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: kearnyirish2

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.


19 posted on 04/09/2014 4:46:35 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: mabarker1
ya got that right...


20 posted on 04/09/2014 4:50:46 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: ilovesarah2012

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.


21 posted on 04/09/2014 4:55:49 AM PDT by txrefugee
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To: Daffynition

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!


22 posted on 04/09/2014 4:56:53 AM PDT by Dusty Road
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To: txrefugee

True, but I never feared Carter. I truly fear Obama.


23 posted on 04/09/2014 4:57:45 AM PDT by ilovesarah2012
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To: ilovesarah2012

“Before you know it, we’ll be eating squirrel and possum again.”

Fried squirrel with biscuits and gravy is some fine eating.


24 posted on 04/09/2014 4:59:05 AM PDT by Dusty Road
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To: central_va

Yes, but how long does it take you to make three trips a day to a restaurant of some type?


25 posted on 04/09/2014 5:01:01 AM PDT by 9YearLurker
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To: ilovesarah2012

Beef prices have been ridiculously high for the las couple of years, they’re going to have to drop sometime.


26 posted on 04/09/2014 5:04:16 AM PDT by erod
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To: erod

Yep.

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.


27 posted on 04/09/2014 5:10:59 AM PDT by jjotto ("Ya could look it up!")
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To: ilovesarah2012

and keep in mind that gas is still hovering around 4.00 a gallon.then again,look at what party is running the country.


28 posted on 04/09/2014 5:14:34 AM PDT by Cruz_West_Paul2016
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To: Dusty Road

We love wild turkey!

The supply of tuna is getting low.;(


29 posted on 04/09/2014 5:16:42 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: ilovesarah2012
Extreme weather has thinned the nation's beef cattle herds to levels last seen in 1951

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.

30 posted on 04/09/2014 5:19:41 AM PDT by BwanaNdege
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To: Daffynition

Wild Turkey is not bad, but Jack Daniels Black is better


31 posted on 04/09/2014 5:20:43 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: mabarker1

MMMmmmmmmmmmmmmmmmmm....that’d be 4 backstraps. ;)


32 posted on 04/09/2014 5:20:46 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: bert

LOL


33 posted on 04/09/2014 5:21:41 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: KC_Lion
I agree.

The ability to put food on your table is paramount.


34 posted on 04/09/2014 5:25:11 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: Daffynition

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.


35 posted on 04/09/2014 5:32:06 AM PDT by Dusty Road
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To: central_va
Your time means nothing to the Party. It is clear you are not Party member or you would have all the food and meat you need. This is why to become good comrade and work for the people and glorious party. We do not get to Glorious New World Order with meat juices on lips.
36 posted on 04/09/2014 5:35:27 AM PDT by lostboy61 (Lock and Load and stand your ground!)
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To: Daffynition

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.


37 posted on 04/09/2014 5:38:12 AM PDT by american_ranger
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To: 9YearLurker

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.


38 posted on 04/09/2014 5:38:26 AM PDT by Bulwyf
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To: Bulwyf

I’m in no way judging or disapproving. Just curious.

Life is short. We might as well eat what, when and how we like.


39 posted on 04/09/2014 5:45:43 AM PDT by 9YearLurker
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To: 9YearLurker

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.


40 posted on 04/09/2014 5:46:51 AM PDT by Bulwyf
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To: EBH

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.


41 posted on 04/09/2014 5:48:45 AM PDT by 9YearLurker
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To: ilovesarah2012

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.


42 posted on 04/09/2014 6:06:08 AM PDT by The Great RJ
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To: erod

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.


43 posted on 04/09/2014 6:14:53 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: 9YearLurker

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.


44 posted on 04/09/2014 6:31:03 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: EBH

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.


45 posted on 04/09/2014 6:46:24 AM PDT by 9YearLurker
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To: 9YearLurker

This morning’s glass of juice:

2 Carrots
Half a cucumber
1 beat root with leaves
1 Apple

Yielded a little over 8 oz.

I will give you consideration that you don’t know much about modern juicing


46 posted on 04/09/2014 6:51:53 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: EBH

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?


47 posted on 04/09/2014 6:56:05 AM PDT by 9YearLurker
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To: mabarker1

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.


48 posted on 04/09/2014 6:57:19 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: ilovesarah2012

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.


49 posted on 04/09/2014 7:01:27 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: Ruy Dias de Bivar

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.


50 posted on 04/09/2014 7:14:02 AM PDT by Gabz (Democrats for Voldemort.)
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