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Message
re: Meat prices spiking. Here is supposedly why.
Posted on 5/27/20 at 6:21 am to Geekboy
Posted on 5/27/20 at 6:21 am to Geekboy
Meat prices are spiking because theres a lack of pork on the market, largely due to pork shortages in China because of the African swine fever, causing China to destroy their Own pig populations, and other companies in America filling their demands, which are huge. Poultry to follow suit as people replace pork.
Posted on 5/27/20 at 6:31 am to sosaysmorvant
quote:
Grind meat triple the normal cost, baws
Rouses yesterday 2.33lb 80/20 ground beef $12.75ish.
Cost over $20 to make a chili
Posted on 5/27/20 at 6:54 am to DONHOGG
quote:
I raise cattle. They're are only 4 major packing companies left. 2 are foreign owned. They have bonded together to create a monopoly. We lose money the feed lots lose money and the packing houses are making a killing. I'm actually feeding out yearlings for slaughter. People are starting to buy from local farmers because it helps us and is cheaper for them.
I've live in an area with lots of cattle farms and I have been trying to buy a side of beef for a while now. Problem is, the soonest I can get it, is late August. I've been told the 1st of the year, June 2021, etc. The processors are backed up and the farmers can't get their cattle butchered.
Posted on 5/27/20 at 7:04 am to GreatLakesTiger24
And those are all influencers of supply and demand anyway
Posted on 5/27/20 at 7:24 am to Oilfieldbiology
quote:
I listened to the Joe Rogan podcast where he had Joel Salatin in and while I disagree with some of the stuff Salatin was going on about, is it true that a person can’t buy directly from a farmer unless it goes through an FDA approved slaughter house?
Yep and the inspector has to be there and there is a shortage of inspectors. 2 of our local slaughterhouses are booked out until Sept because everyone is trying to get their own animal butchered and the inspector only can come 1-2 times a week
Posted on 5/27/20 at 7:34 am to cubsfan5150
Here is a hot take for you.
A factor in the increase in beef prices can be attributed to the increase of food stamps and government benefits with corona aid. The meat industry/food retailers are looking to cash in by artificially raising prices knowing people have to use these benefits to buy their products.
This weekend I was doing double takes at Cannata’s in Houma where a roast was going for over 10 dollars a pound. Ground meat was like 8 dollars a pound. But here is the kicker at those prices no one was buying so the product would need to be reduced or it would rot on the shelf.
A factor in the increase in beef prices can be attributed to the increase of food stamps and government benefits with corona aid. The meat industry/food retailers are looking to cash in by artificially raising prices knowing people have to use these benefits to buy their products.
This weekend I was doing double takes at Cannata’s in Houma where a roast was going for over 10 dollars a pound. Ground meat was like 8 dollars a pound. But here is the kicker at those prices no one was buying so the product would need to be reduced or it would rot on the shelf.
This post was edited on 5/27/20 at 7:50 am
Posted on 5/27/20 at 7:47 am to White Bear
quote:
decreased supply
I'd imagine it's more accurately issues in the supply chain rather than actual supply of beef, pork, or chicken.
Posted on 5/27/20 at 7:56 am to DONHOGG
quote:
I'm actually feeding out yearlings for slaughter. People are starting to buy from local farmers because it helps us and is cheaper for them.
DONHOGG - is that legal? Serious question because I’d like to start filling a freezer with local beef
Posted on 5/27/20 at 8:02 am to Geekboy
Are meat prices that high now? I haven't bought meat since this whole thing started. I've been craving a domestic pork tenderloin.
Posted on 5/27/20 at 8:02 am to Geekboy
quote:
Meatpackers say beef prices have spiked during the pandemic because plants are running at lower capacity as workers fall ill, so less meat is making its way to shelves. The four companies didn’t respond to requests for comment about the probes.
If this is what’s happening, shouldn’t the meat companies be taking the hit instead of the consumer? What if a restaurant charged 25 for a burger and said, “sorry, less people have come in so we have to charge more to make ends meat”.
Posted on 5/27/20 at 8:04 am to Oilfieldbiology
quote:
is it true that a person can’t buy directly from a farmer unless it goes through an FDA approved slaughter house?
is it true you can't buy weed unless its from a licensed dispensary? Can an unlicensed barber give you a haircut?
you can buy whatever you want if someone is willing to sell it to you. But getting a calf processed by a facility that isn't FDA approved is going to be difficult (unless you do it yourself) as most processors are required to be FDA approved for commercial sales. I'm sure the producer would love to sell you a calf. But where are you going to process it?
Posted on 5/27/20 at 8:10 am to Geekboy
yesterday i run by to pick up some milk and stroll by the meat. 80/20 is like $7 or 8/lb and people are freaking out
93/7 is still $5.50 or so and the organic, grass fed 85/15 is $5.75. i pick up 2 lbs of that while the masses complain
those organic ground beef packages are great for freezing. i need to pick up a couple more today before people realize their mistake
93/7 is still $5.50 or so and the organic, grass fed 85/15 is $5.75. i pick up 2 lbs of that while the masses complain
those organic ground beef packages are great for freezing. i need to pick up a couple more today before people realize their mistake
Posted on 5/27/20 at 8:13 am to Geekboy
I’ve stopped buying beef for the time being, so I’m not concerned. They can raise prices, I can stop purchasing.
Posted on 5/27/20 at 8:13 am to Loup
quote:
Are meat prices that high now?
ground beef has skyrocketed. 80/20 is almost double what it was a couple months ago
Posted on 5/27/20 at 8:16 am to Geekboy
quote:
most American businesses are designed to frick you over
Buy some stock then. Corporations have a duty to their shareholders, not to you. Life lesson.
Posted on 5/27/20 at 8:16 am to SlowFlowPro
quote:
80/20 is almost double what it was a couple months ago
And yet 96/4 stays steady at $5 a pound
Posted on 5/27/20 at 8:19 am to MintBerry Crunch
for now.
i made that point above. i mean i get that people love 80/20, but it ain't worth steak prices
Walmart literally has ribeyes at like 10.99/lb and ground chuck for $8/lb (or so. it changes daily)
i made that point above. i mean i get that people love 80/20, but it ain't worth steak prices
Walmart literally has ribeyes at like 10.99/lb and ground chuck for $8/lb (or so. it changes daily)
Posted on 5/27/20 at 8:41 am to BHM
quote:
Local farmers and slaughter houses need to do a better job at selling themselves. Most people think meat can only be purchased at Wal-Mart or other big chain stores.
I've said the same thing about the shrimp industry and the oyster industry, and I've talked to shrimpers and oystermen, and here is what they have said.
1) They would love to sell direct to consumer.
2) Selling at a market, storefront, etc, requires either hiring someone to do it, or they have to take time off the water to do it themselves.
3) Selling direct to consumer requires additional regulation
4) They feel that if they start selling too much direct to consumer, the wholesalers will stop buying from them.
Simply put, for your average shrimper, the additional revenue that could be earned selling direct to customer isn't worth the additional headache and additional costs.
I would imagine a lot of farmers are the same way. Maybe if you have a big enough farm and enough family members, it helps. You also have to have your own slaughter operation, which means, more costs and regulation.
Posted on 5/27/20 at 8:43 am to DONHOGG
quote:
I raise cattle. They're are only 4 major packing companies left. 2 are foreign owned. They have bonded together to create a monopoly. We lose money the feed lots lose money and the packing houses are making a killing. I'm actually feeding out yearlings for slaughter. People are starting to buy from local farmers because it helps us and is cheaper for them.
This is not in our national security interest. This needs to be fixed. We need to look at our food sources and distribution system like a stock portfolio, it needs to be diversified. If that means the government needs to prop up American companies, then so be it. I think improved marketing from locally sourced foods and gov't subsidies will be the right path. We need to be willing to take ownership of any foreign company when it is not serving the needs of the American public.
This post was edited on 5/27/20 at 8:45 am
Posted on 5/27/20 at 8:45 am to Oilfieldbiology
quote:
I listened to the Joe Rogan podcast where he had Joel Salatin in and while I disagree with some of the stuff Salatin was going on about, is it true that a person can’t buy directly from a farmer unless it goes through an FDA approved slaughter house?
Here is what I have been told when I have asked about buying half a cow.
You buy the cow from the farmer. They finish it and handle all the issues with the slaugterhouse. But you own it directly throughout the process. So you aren't buying processed meat (which requires inspection). You are buying a half of a cow.
I'm fairly certain the local places that process deer aren't USDA approved.
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