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Americans May Have to Say Goodbye to Steak and Burgers as Beef Costs Rise

Posted on 3/9/22 at 12:08 pm
Posted by goofball
Member since Mar 2015
16868 posts
Posted on 3/9/22 at 12:08 pm
quote:

Estimated profit margins for beef packers fell to $102.45 per head Tuesday. That’s the around the lowest since before the coronavirus pandemic began early in 2020. During the outbreak, workers inside slaughterhouses caught the virus and forced plants to close, limiting the amount of beef available and sending prices soaring to record highs. Packer margins peaked at $1,009.30 per head in May 2020, adding to criticism of pandemic profiteering by meat companies.

The balance is starting to shift as the war is also raising prices for grains -- including wheat hitting a record. Elevated feed prices will prompt livestock farmers to scale back herds, hitting profits for slaughterhouses.


LINK
Posted by Bucktail1
Member since Feb 2015
3190 posts
Posted on 3/9/22 at 12:09 pm to
frick those greedy meat packers
Posted by Trout Bandit
Baton Rouge, LA
Member since Dec 2012
13277 posts
Posted on 3/9/22 at 12:10 pm to
frick all that nonsense
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124330 posts
Posted on 3/9/22 at 12:10 pm to
The political royalty will tell you to eat bugs and like it, while they dine on steak and lobster.
Posted by Lord_Ford
Louisiana
Member since Jun 2016
4003 posts
Posted on 3/9/22 at 12:10 pm to
Jokes on them. I haven't been able to afford good ribeyes for a year now
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65497 posts
Posted on 3/9/22 at 12:10 pm to
quote:

the war is also raising prices for grains

Damn Putin making grain in west texas more expensive
Posted by brewhan davey
Audubon Place
Member since Sep 2010
32797 posts
Posted on 3/9/22 at 12:10 pm to
Posted by tigerbutt
Deep South
Member since Jun 2006
24590 posts
Posted on 3/9/22 at 12:11 pm to
Not going to stop me
Posted by zztop1234
Denham Springs
Member since Aug 2008
3709 posts
Posted on 3/9/22 at 12:12 pm to
Electric cars and no meat... can't wait
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65779 posts
Posted on 3/9/22 at 12:12 pm to
quote:

The political royalty will tell you to eat bugs and like it, while they dine on steak and lobster


Crawdad season will fix that. Buy local.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 3/9/22 at 12:12 pm to
quote:

The political royalty will tell you to eat bugs and like it, while they dine on steak and lobster.

Eat the bugs. Live in the pod.
Posted by Hoovertigah
Fayetteville
Member since Sep 2013
3046 posts
Posted on 3/9/22 at 12:13 pm to
I have 140 head of cattle, I’m good.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124330 posts
Posted on 3/9/22 at 12:14 pm to
quote:

Crawdad season will fix that. Buy local.


You’ve got me there. I guess S. Louisiana is ahead of the curve for once.

Though if anyone could make bugs taste good, it’s us.
Posted by t00f
Not where you think I am
Member since Jul 2016
90054 posts
Posted on 3/9/22 at 12:14 pm to
this is all the shite they wanted, no red meat, no gasoline, government control.
Posted by goofball
Member since Mar 2015
16868 posts
Posted on 3/9/22 at 12:14 pm to
quote:

The political royalty will tell you to eat bugs and like it, while they dine on steak and lobster.


Ban beef exports destined for DC!
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 3/9/22 at 12:16 pm to
quote:

You’ve got me there. I guess S. Louisiana is ahead of the curve for once.

Though if anyone could make bugs taste good, it’s us.

Hell, those are gonna be too expensive in about a week
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59678 posts
Posted on 3/9/22 at 12:16 pm to
quote:

I have 140 head of cattle, I’m good.


I know how to get to fayetteville
Posted by Jones
Member since Oct 2005
90544 posts
Posted on 3/9/22 at 12:18 pm to
quote:

Crawdad season will fix that. Buy local.



Crawfish prices are through the roof
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65779 posts
Posted on 3/9/22 at 12:19 pm to
quote:

this is all the shite they wanted, no red meat, no gasoline, government control.



Don't forget 2020 lumber prices.
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
12856 posts
Posted on 3/9/22 at 12:19 pm to
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