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Ranchers Report Biggest Cattle Supply Drop in 40 Years as Shortages Hit Grocery Stores
Discern Report ^ | 5/12/23 | Epic Economist

Posted on 05/13/2023 12:15:14 PM PDT by CFW

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To: gundog
Pork got cheaper, in my market.

Same here. We just need to eat more pork.

21 posted on 05/13/2023 12:48:00 PM PDT by MinorityRepublican
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To: unclebankster

Also, people aren’t going to farm & ranch when urbanization has created huge income advantages in pursuing other occupations.

Interesting. I deal with farmers and ranchers quite a bit. It’s hard work, for sure, but I’ve yet to meet a poor one.

So, I guess we’re headed to a point where everyone in the US is some type of service worker, working remotely from their homes, while our beef is grown in another country. What could go wrong?


22 posted on 05/13/2023 12:48:19 PM PDT by qaz123
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To: grobdriver

“Might be time to smoke a couple of briskets for the freezer.”

Yep. I don’t think food is going to get any cheaper any time soon. Buying for the freezer even now can be a good investment and will make sure you have something to cook this fall.


23 posted on 05/13/2023 12:49:05 PM PDT by CFW (old and retired)
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To: BenLurkin

It’s what the WEF wants

World
Economic
Foundation

Daniel 7:23


24 posted on 05/13/2023 12:50:26 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: unclebankster

Also cattle production declined in 15 of 18 years between 1996-2014.

A cyclical expansion took place between 2014-2019 the first expansion since 1990-1996.

Also drought has caused liquidations that might be moving the inventory down in this current cycle.


25 posted on 05/13/2023 12:54:17 PM PDT by unclebankster ( Globalism is the last refuge of a scoundrel.)
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To: CFW

Get ready for no meat.

A few corporations own the food supply. They don’t like you


26 posted on 05/13/2023 12:56:29 PM PDT by redgolum (We are not going to make it, are we. )
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To: CFW

Fed cattle price likely hit their short-term high around $180.00/cwt in mid-April and have slipped since then. Prices tend to slide into/through summer, then turn higher again beginning in the fall. According to the Bureau of Labor Statistics (which provides prices for CPI & PPI reports) retail beef prices peaked in fall 2021 and have been edging lower since then. Look for those to start working higher in the weeks and months just ahead, maybe taking out the 2021 highs later in the year.

It’s a real crime that hog and wholesale pork prices are in the tank now, due largely to grocers keeping retail pork costs to consumers near their June 2022 highs. In my opinion, grocers are making huge profits on pork by ‘sticking it’ to hog growers and consumers.


27 posted on 05/13/2023 12:56:43 PM PDT by McGarrett (Book'em Danno)
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To: CFW

Well someone supposedly “blew up” 20K cattle which were supposedly “in one barn” in Texas a few weeks ago.


28 posted on 05/13/2023 1:00:14 PM PDT by yldstrk (Bingo! We have a winner!)
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To: gundog
Pork supplies can be replenished in as little as a year. The beef cycle takes about 12 years.

The spike in chicken and egg prices is already fading into memory though it isn't even over yet.

It takes less than a year to replenish chicken and egg supply.

29 posted on 05/13/2023 1:00:58 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: qaz123

Interesting. I deal with farmers and ranchers quite a bit. It’s hard work, for sure, but I’ve yet to meet a poor one.

So, I guess we’re headed to a point where everyone in the US is some type of service worker, working remotely from their homes, while our beef is grown in another country. What could go wrong?

***************

I doubt it ever goes to that extreme.

Our country is an agricultural gold mine and should provide plenty of opportunities for motivated people.

Besides, we could always import some Dutch or South African farmers who live in countries that don’t want them😀


30 posted on 05/13/2023 1:02:07 PM PDT by unclebankster ( Globalism is the last refuge of a scoundrel.)
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To: unclebankster

“environmental zealots have complete control of the government bureaucracies, media, and entertainment sectors.”

Just curious what are they going to eat?


31 posted on 05/13/2023 1:03:32 PM PDT by rellic
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To: grobdriver

Brisket?

I’m thinking about a drive to the US, if you could be so kind as to point me in the right direction heh.


32 posted on 05/13/2023 1:03:59 PM PDT by Bulwyf
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To: CFW

No beef for you!


33 posted on 05/13/2023 1:09:48 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: McGarrett

Des Moines, Iowa, area.

Pork shoulder roast $1.69. Pork tenderloin $1.99. Ribs $1.49.

How cheap should pork be toaday?


34 posted on 05/13/2023 1:09:56 PM PDT by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: CFW

No beef for you!


35 posted on 05/13/2023 1:11:19 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: CFW

Our culled dairy cows are bringing good money now. Finally...


36 posted on 05/13/2023 1:12:16 PM PDT by tired&retired (Blessings )
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To: rellic

Just curious what are they going to eat?

**********

I don’t care what the government bureaucrats eat, I just want them unemployed looking for new employment.

When nonproducers start implementing hurdles & barriers to producers, supply chains start getting screwed up.

Fire them, send them to “Alta” California to pick vegetables, their bosses will be named Rodriguez & Garcia.


37 posted on 05/13/2023 1:27:42 PM PDT by unclebankster ( Globalism is the last refuge of a scoundrel.)
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To: CFW

I call BullSh*t liberal fear to put panic in the market !


38 posted on 05/13/2023 3:20:43 PM PDT by wardamneagle
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To: CFW

Just how many of those cattle were shipped to China?for a Nation that used to historically feed itself and a large portion of the world we are not doing well and it will only get worse if we continue allowing China to buy American Farms and food manufacturing companies.


39 posted on 05/13/2023 4:11:37 PM PDT by puppypusher (The world is going to the dogs.)
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To: Texas Fossil
T-bones are $7.99 per pound

We used to buy supermarket steaks when we were raising a family. Now that it's just the two of us, we buy Costco steaks -- yum!

40 posted on 05/13/2023 4:31:20 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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