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re: Meat prices spiking. Here is supposedly why.
Posted on 5/27/20 at 7:34 am to cubsfan5150
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
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