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USDA warns of sticker shock on U.S. beef as grilling season starts
yahoo/reuters ^ | 5/23/14

Posted on 05/23/2014 11:22:53 AM PDT by SoFloFreeper

The Department of Agriculture has warned of sticker shock facing home chefs on the eve of the Memorial Day holiday weekend, the unofficial start of the U.S. summer grilling season.

The agency said conditions in California could have "large and lasting effects on U.S. fruit, vegetable, dairy and egg prices," as the most populous U.S. state struggles through what officials are calling a catastrophic drought.

The consumer price index (CPI) for U.S. beef and veal is up almost 10 percent so far in 2014, reflecting the fastest increase in retail beef prices since the end of 2003. Prices, even after adjusting for inflation, are at record highs.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: ebt; food; obamanomics
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Again, Obamanomics proves it is a disaster.

Imagine men and women who earn a wage having MORE in their pocket--having jobs--having the resources to afford more and better food.

Imagine a policy of low priced energy--no taxpayer dollars pissed away on wind mills or bankrupt solar companies...and men and women who have JOBS can pay for gasoline...much of it made from petroleum resources found here in America.

Imagine the transportation costs for foodstuffs being lower because of the low energy prices.

Just imagine.

Imagine a good relationship with other food producing nations and their allies, instead of tension with: China, Russia, Israel, Turkey, the entire EU, etc.

Now look at your wallet, shrinking wages, increased health care costs, and energy prices.

Obama is a disaster, and HE is more to blame for higher food prices than a "drought"....because other segments of the economy are hurting because of his policies, the absorption of higher food prices is more difficult.

Obamanomics: the mover and shaker behind your higher food prices.

Enjoy, America.

1 posted on 05/23/2014 11:22:53 AM PDT by SoFloFreeper
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To: SoFloFreeper

I guess what the USDA is really saying is that the inflated price of meats, will pay for all those automatic weapons they ordered?


2 posted on 05/23/2014 11:28:33 AM PDT by Terry L Smith
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To: SoFloFreeper
If we like our hamburger, we can keep our hamburger... we just won't be able to afford it.

Mr. niteowl77

3 posted on 05/23/2014 11:30:26 AM PDT by niteowl77 ("Why do we go to Iowa? Because that's where the suckers are.")
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To: SoFloFreeper

The USDA does not have to tell me meat prices have gone up
I can clearly read the price per pound labels.

Like $10.99 per pound for Sirloin... Yes Sirloin.


4 posted on 05/23/2014 11:30:58 AM PDT by tennmountainman (Just Say No To Obamacare)
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To: SoFloFreeper

Go ahead America !
turn to centralized food distribution
Centralized medical care
Cenralized Eduction under "Common Core"
.. and then wonder why SUBMISSION is core to Islam ?

.. and then you wonder how the _resident will always stand with Islam ??
BraHaHah Haha Haha !!
Sheeple !!... (crickets)..

5 posted on 05/23/2014 11:33:41 AM PDT by Tilted Irish Kilt (Political Correctness is Tyranny .. with manners ! Charlton Heston)
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To: SoFloFreeper

Wasn’t it Pelosie who had the water for the valley turned off? Whose fault is this?


6 posted on 05/23/2014 11:36:47 AM PDT by bk1000 (A clear conscience is a sure sign of a poor memory)
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To: SoFloFreeper

Deer is good and cheap. Learn to process yourself. It is easy. Deer burgers are great. Have to put a little beef fat in cause it is usually too lean to stick together good.


7 posted on 05/23/2014 11:40:17 AM PDT by therut
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To: SoFloFreeper

Much of this due to the ethanol mandate.

More grain for fuel production = less for cattle feed.


8 posted on 05/23/2014 11:41:55 AM PDT by lightman (O Lord, save Thy people and bless Thine inheritance, giving to Thy Church vict'ry o'er Her enemies.)
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To: SoFloFreeper

Good thing that food is no longer a component of the inflation index.


9 posted on 05/23/2014 11:43:54 AM PDT by kaehurowing (FIGHT BULLYING, UNINSTALL FIREFOX)
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To: tennmountainman

We are grilling a venison hindquarter courtesy of Mr. GG2. Price $ 0.00 :-)


10 posted on 05/23/2014 11:46:25 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: SoFloFreeper; MeganC; Kartographer; Travis McGee

This only effects people who arn’t on welfare.

With an ebt card you get meat free or at least, very heavily subsidized. So they don’t feel the hit and will keep voting democrat.

Insidious


11 posted on 05/23/2014 11:47:39 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: SoFloFreeper
Again, Obamanomics proves it is a disaster.

Obamanomics did not cause the disaster in the beef industry this year as much as an untimely snowstorm did costing an estimated 100,00 cattle.

12 posted on 05/23/2014 11:47:41 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: SoFloFreeper
The consumer price index (CPI) for U.S. beef and veal is up almost 10 percent so far in 2014

What a pantload.

10% at the retail level? That's a real truckload of crapolla. A lot more than 10%. Remember how the Office of Propaganda figures meat inflation. If you were buying ground round they figure you can now buy bottom of the line ground beef as a substitute for the round, so your cost for ground meat did not go up nearly as much because you are now forced to buy a cheaper, lower quality cut.

Where I am, ground chuck has gone up a net 10% in the last month to six weeks.

If you look at the price of cattle, up about 50% in 12 months (6% since May 1), that will give you an idea of the prices coming down the pike in the near future.

Governments are the root and primary cause of inflation. Always have been, always will be.

13 posted on 05/23/2014 11:52:40 AM PDT by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: SoFloFreeper

14 posted on 05/23/2014 11:53:56 AM PDT by Red Badger (Soon there will be another American Civil War. Will make the first one seem like a Tea Party........)
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To: SoFloFreeper; sickoflibs
The consumer price index (CPI) for U.S. beef and veal is up almost 10 percent so far in 2014, reflecting the fastest increase in retail beef prices since the end of 2003.

i call bs on that...beef prices spiked within the last couple years, seemingly with the rise in ethanol mandates...

Obamanomics: the mover and shaker behind your higher food prices.

kenyanesian economics in place for decades is coming home to roost...

good thing food and fuel costs arent figured into inflation stats anymore eh ???

this trend didnt begin with the 0bamabam, but it sure is increasing exponentially today...

15 posted on 05/23/2014 11:54:13 AM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: Terry L Smith

But, but there is no inflation. The regime said so. So it must be true./nsn


16 posted on 05/23/2014 11:54:34 AM PDT by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: Georgia Girl 2

Sounds like a great price and dinner to me.


17 posted on 05/23/2014 11:54:55 AM PDT by tennmountainman (Just Say No To Obamacare)
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To: SoFloFreeper

Why do I get the feeling this is all by design? Of course, the EBT crowd won’t suffer a bit.


18 posted on 05/23/2014 11:54:56 AM PDT by rbg81
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To: SoFloFreeper

Our freezer is stocked from a steer we shared with a friend that he raised on his property. We’ve gotta get another one for next year.


19 posted on 05/23/2014 11:55:05 AM PDT by cuban leaf
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To: SoFloFreeper

I bought a flat iron steak for $5.99 a lb this week. It was good too, baby.


20 posted on 05/23/2014 11:56:52 AM PDT by AppyPappy
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To: KC_Lion

I’m sure the Food Stamp folks get increases to cover increased
food cost.

The rest of us may have to resort to Road Kill or dumpster diving.


21 posted on 05/23/2014 11:57:31 AM PDT by tennmountainman (Just Say No To Obamacare)
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To: SoFloFreeper

Higher food prices is more a sign of the rise of China, weather and trade.


22 posted on 05/23/2014 11:57:36 AM PDT by Theoria (End Socialism : No more GOP and Dem candidates)
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To: SoFloFreeper

Wow! Thanks, federal government!


23 posted on 05/23/2014 12:00:13 PM PDT by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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To: SoFloFreeper

U.S. Seasonal Drought Outlook (with map)
http://www.cpc.ncep.noaa.gov/products/expert_assessment/sdo_summary.html


24 posted on 05/23/2014 12:01:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: AppyPappy

4 pack of nice 6-8oz filets @ Costco = $25, last week.


25 posted on 05/23/2014 12:03:52 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Carry_Okie

My statement about the environment within the context of any drought stands.


26 posted on 05/23/2014 12:05:06 PM PDT by SoFloFreeper
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To: tennmountainman

All our pocket change will go for beer. :-)


27 posted on 05/23/2014 12:10:05 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: SoFloFreeper

The answer will lie, as always in black markets, grey markets, and individuals making do in other ways.

I have a friend who raises cattle - black angus, grass-fed. Sells me a half or quarter for cost, which is about $2.30/lb. I first met my meat as a newborn calf about 18 months ago....


28 posted on 05/23/2014 12:12:08 PM PDT by PGR88
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To: therut

I was cruisin between Casper and Rawlins a few times last week. I did not know there were that many Antelope alive. In a 100 mile stretch we saw 50 to 100 per mile.


29 posted on 05/23/2014 12:17:27 PM PDT by showme_the_Glory (ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
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To: SoFloFreeper
The truth is scarier. U.S. beef exports to China have been increasing for a long time. As for oil,...

U.S. Energy Information Administration
"The United States consumed 18.6 million barrels per day (MMbd) of petroleum products during 2012...The United States was third in crude oil production at 6.5 MMbd...The United States imported 11.0 MMbd of crude oil and refined petroleum products in 2012. We also exported 3.2 MMbd of crude oil and petroleum products, so our net imports (imports minus exports) equaled 7.4 MMbd."


30 posted on 05/23/2014 12:19:31 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: SoFloFreeper

Some old news.

U.S. beef exports to China and Hong Kong have soared this year as rising incomes,...
http://www.usmef.org/news-statistics/press-releases/us-beef-exports-to-china-and-hong-kong-have-soared-this-year-as-rising-inco-13475/

Some new news.

U.S. pork, beef exports increase pace in March
USMEF | Updated: 05/07/2014
Drovers CattleNetwork
http://www.cattlenetwork.com/cattle-news/US-Pork-Beef-Exports-Increase-Pace-in-March-258352491.html
“The pace of U.S. beef and pork exports increased sharply in March, driven by double-digit increases to leading markets Mexico, the China/Hong Kong region and South Korea, according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).”


31 posted on 05/23/2014 12:25:11 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: lightman

“Much of this due to the ethanol mandate.

More grain for fuel production = less for cattle feed”

No, not correct as the cause. There have been droughts in the areas that beef cows are on. No grass to graze meant that ranchers cut their cow herds. The cows have the calves that then go into feedlots to grow to market weight.
Heifer calves are now being held back to grow into cows. That will mean more beef cattle coming; but it takes quite awhile.
There has also been a virus in pigs which has reduced the supply of market hogs by killing off baby pigs.. Pork production can recover much quicker than beef production.Pork is s good buy now.


32 posted on 05/23/2014 12:30:39 PM PDT by HereInTheHeartland (Obama lied; our healthcare died.)
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To: SoFloFreeper

33 posted on 05/23/2014 12:31:16 PM PDT by GalaxieFiveHundred
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To: Gilbo_3; SoFloFreeper; Impy; NFHale; GOPsterinMA; BillyBoy; fieldmarshaldj
I recall around 2006, about this same time in the GWB presidency gas, electric and food prices were all going up and the Marylanders here cursed the gas station owners, and electric company
some told me that they (gas station owners) were stealing from us because they would change their gas price signs when there was no delivery truck on the premises (a rather stupid association)

DUH, the price went up when the summer mandated blend went in.

Yep, the greedy merchants were robbing us and the powers that be were with them.(I used to recommend that they buy a gas station)

You see we had a RINO governor of Maryland and a POTUS president at the time so,it was bad. Pelosi was on TV complaining about the greedy oil companies. Schumer was on camera in front of gas stations/

So this helped lead to a Dem (O Malley) taking over this state promising to protect us from high energy prices in his campaign and so he raised our gas taxes as with electric prices (green mandates) so both have been going up here ,
but see its OK because we have a Dem POTUS and so the same angry whining Maryland Dems here see that all is right with the world.

Profits are immoral but taxes+green mandates =purity+morality

34 posted on 05/23/2014 12:34:46 PM PDT by sickoflibs (Obama : 'The debate is over. The time for talk is over. I won. ')
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To: SoFloFreeper

I paid $7.69 for a pack of 4 cube steaks.


35 posted on 05/23/2014 12:37:12 PM PDT by GSWarrior
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To: SoFloFreeper

Next up: Beef industry subsidies.

Because we simply cannot have any issues to distract from the RATs’ electioneering agenda in the coming weeks...

/s

(betcha POtuS heard about beef prices on CNN...)


36 posted on 05/23/2014 12:39:58 PM PDT by logi_cal869
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To: SoFloFreeper

Feeder cattle are 193 a hundred ($1.93 per pound on the hoof). Slaughter cattle (sensitively called “live cattle” nowadays) are probably going to be much higher toward the end of the year. The only worse thing that could happen would be for prices to do down between now and fall (little later in places other than here), because the live cattle price is already $56 per hundred down from the feeder cattle price now (riskier for ranchers).

If they don’t make money, supply will be really low afterward. And then there’s the ongoing drought. Forage on the Rockies, for example, takes years to reestablish (very short hay, deep roots), and the last few years have been really dry. Lunchtime is about done here. Time to finish fixing up a gate for a neighbor (free small favor).


37 posted on 05/23/2014 12:40:09 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: SoFloFreeper; All

When I look up beef price stockyard reports I see numbers like this:

Current-Cutout Value: $159.01

And there will be weight ranges inclusive in that pricing.

Does that price at $159.01 reflect the price per 100lb. weight of the animal on the hoof?


38 posted on 05/23/2014 12:46:06 PM PDT by Rebelbase (Tagline: optional, printed after your name on post)
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To: familyop

OK, your post answered my question above. I should have read deeper into the thread.


39 posted on 05/23/2014 12:46:51 PM PDT by Rebelbase (Tagline: optional, printed after your name on post)
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To: showme_the_Glory

I like antelope better than deer.


40 posted on 05/23/2014 12:48:37 PM PDT by therut
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To: Rebelbase

Yes, it’s per hundred.


41 posted on 05/23/2014 12:56:59 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: SoFloFreeper

Makes me glad I gave up red meat...though I’m sure big brother will find a way to drive up the price of white meat as well.


42 posted on 05/23/2014 1:25:50 PM PDT by RWB Patriot ("My ability is a value that must be earned and I don't recognize anyone's need as a claim on me.")
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To: SoFloFreeper

I went to buy butcher paper today and the lady that helped said that lots of backyard bbq’rs came before me and were snatching up the supplies.


43 posted on 05/23/2014 1:36:20 PM PDT by lormand (Inside every liberal is a dung slinging monkey)
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To: SoFloFreeper

It’s called “Socialism” and Americans love it until it effects them personally.

But they’ll still vote for it this Nov.

Have a nice day. :)


44 posted on 05/23/2014 1:42:47 PM PDT by Tzimisce
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To: lightman
Much of this due to the ethanol mandate.

More grain for fuel production = less for cattle feed.

Well genius, please explain the collapse of grain prices.

This time 2013 $8.50 for corn

Now $4.50

45 posted on 05/23/2014 2:24:52 PM PDT by Balding_Eagle (Want to keep your doctor? Remove your Democrat Senator.)
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To: familyop

the parks here in Redmond have beautiful grass 3 feet high.
maybe Tom Douglas can get some of his rancher friends to lobby to open it up for grazing that gourmet beef he’s always going on about.


46 posted on 05/23/2014 2:41:40 PM PDT by RitchieAprile
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To: Georgia Girl 2
All our pocket change will go for beer. :-)

The price of beer has been steadily going up as well.

That's why I brew my own. :-)

47 posted on 05/23/2014 3:49:11 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox

Good idea.


48 posted on 05/23/2014 4:43:41 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: SoFloFreeper; P-Marlowe

P-Marlowe says there’s always drought in California.

This government is going out of its way to crash expectations regarding standard of living: high food, high fuel, low wages.

The road to serfdom.


49 posted on 05/23/2014 4:45:26 PM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: SoFloFreeper
The Real Inflation Fear - US Food Prices Are Up 19% In 2014
50 posted on 05/23/2014 5:19:48 PM PDT by blam
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