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re: Beef prices hit record highs; nationwide cattle inventory drops to lowest level in 70 yrs
Posted on 10/2/25 at 8:09 pm to Fencepimp
Posted on 10/2/25 at 8:09 pm to Fencepimp
He is making bank if he has had an established cow herd for awhile. Last year guys running stockers also made out like bandits.
If I was buying stockers right now my arse would be puckering! Feed is cheap but interest and high cost per head amd making things real interesting.
If I was buying stockers right now my arse would be puckering! Feed is cheap but interest and high cost per head amd making things real interesting.
This post was edited on 10/2/25 at 8:21 pm
0
Posted on 10/2/25 at 8:18 pm to bad93ex
quote:
Anyone catch wind of this early and make some bank off of beef futures?
No, I heavily invested in frozen orange juice futures because of Mr. Beeks' report.
Posted on 10/2/25 at 8:19 pm to ragincajun03
Pork time
Posted on 10/2/25 at 8:28 pm to ragincajun03
And yet Americans spend on avg 10% of their avg annual income on food…including dining out and fast food
Posted on 10/2/25 at 8:42 pm to DownshiftAndFloorIt
quote:
Because it's just about impossible for someone to get into the cattle game now a days. Land costs too much.
I’m considering fencing my catfish farm in and getting some cattle at least I won’t have to mow the grass anymore
Posted on 10/2/25 at 8:55 pm to SeaBass23
quote:
With all the talk about soybeans not being shipped to China will the excess soybeans lower feed costs?
It should have lowered feed costs by now but I don’t know much about who supplies cattle feed. If it’s the big corporations like Cargill and Purina they’ll bend the farmer over. Early on in the catfish industry the only source of feed was from those companies and they were expensive. Then the delta catfish farmers built our own mills and feed prices for fish dropped 50 dollars a ton. Our feed is 50 dollars lower a ton than last year right now.
Most people don’t know this but out of all the meat producing industries the catfish industry is the only one left where the hatcheries, farms, processors and feed mills are 100% owned by the farm families or local investors/stockholders. No multinational corporations monopolizing or taking advantage of us. Hormel, ConAgra, Prudential got out of the industry years ago. They got greased so good they never want to hear the word catfish again
Posted on 10/2/25 at 9:09 pm to deltaland
quote:
Beef prices hit record highs; nationwide cattle inventory drops to lowest level in 70 yrs Thanks, Trump
I don’t know enough here to really say much. But the industry was headed in a bad direction before the tariffs. A lot of beef was coming from Mexico and Brazil, I’d assume better prices should entice more Americans to get back into it?
Posted on 10/3/25 at 11:17 am to LegendInMyMind
Nice summation of our food conundrum. 
Spot on.
The vast number of people, numb from years of multiple traumatizing events, don't realize we're at the precipice of chaos and desperation -- led by one indifferent negligent dear leader after the next.
quote:
...We get a much more disconnected and disjointed food supply controlled by fewer and fewer people that operate with minimal input from local populations.
That is a precarious spot to be in for a society. Revolt rides on the stomach, and downfall of nations can follow.
Spot on.
The vast number of people, numb from years of multiple traumatizing events, don't realize we're at the precipice of chaos and desperation -- led by one indifferent negligent dear leader after the next.
Posted on 10/3/25 at 11:33 am to el Gaucho
quote:
Lol you ain’t no hand baw? Weak
I’ve been dehorning, castrating and pregnancy checking cattle before you were shitting yellow, boy
Posted on 10/3/25 at 11:35 am to redneck hippie
Then why didn’t you take the ranch over? You gonna sell to dr horton?
Posted on 10/3/25 at 11:41 am to ragincajun03
quote:
inventory at the lowest level in 70 years amid strong demand
A lot of the older farmers are selling their herds because the younger generation simply has no interest in the cattle business. It isn't just because the prices are high
Posted on 10/3/25 at 11:52 am to ragincajun03
I recently retired.
I used to always do my grocery shopping early on Saturday morning after working out at the gym.
Now that I'm not restricted to Saturday morning, I happened to be in the grocery store early on a Tuesday.
I did not have steak on my shopping list, but I strolled by the meat counter, and they had two packages of prime boneless ribeye marked down from $21.47 / lb to $11.59 / lb. I snagged both.
Moral of the story, shop for steak early on weekday mornings if you can. If you can't, send your wife / GF / SO.
I used to always do my grocery shopping early on Saturday morning after working out at the gym.
Now that I'm not restricted to Saturday morning, I happened to be in the grocery store early on a Tuesday.
I did not have steak on my shopping list, but I strolled by the meat counter, and they had two packages of prime boneless ribeye marked down from $21.47 / lb to $11.59 / lb. I snagged both.
Moral of the story, shop for steak early on weekday mornings if you can. If you can't, send your wife / GF / SO.
Posted on 10/3/25 at 11:53 am to TulsaSooner78
I had another prime NY strip last night. Twas delicious.
Posted on 10/3/25 at 11:56 am to ragincajun03
Rouses just added Waygu beef ribeyes to their line up at 99.99 lb. 
Who can afford to buy this?
Who can afford to buy this?
This post was edited on 10/3/25 at 11:59 am
Posted on 10/3/25 at 12:04 pm to ragincajun03
Yep, paid $6.99 per pound for ground beef at Winn Dixie yesterday
Bought 3 lbs - so still cheaper than eating out for us
Bought 3 lbs - so still cheaper than eating out for us
Posted on 10/3/25 at 12:04 pm to Tarps99
quote:
Rouses just added Waygu beef ribeyes to their line up at 99.99 lb.
Who can afford to buy this?
I don't know if it's possible to eat one pound of wagyu.
Posted on 10/3/25 at 12:09 pm to TulsaSooner78
quote:
I recently retired.
I used to always do my grocery shopping early on Saturday morning after working out at the gym.
Now that I'm not restricted to Saturday morning, I happened to be in the grocery store early on a Tuesday.
I did not have steak on my shopping list, but I strolled by the meat counter, and they had two packages of prime boneless ribeye marked down from $21.47 / lb to $11.59 / lb. I snagged both.
Moral of the story, shop for steak early on weekday mornings if you can. If you can't, send your wife / GF / SO.
I do this also at Sam's Club. I do this for pork and beef and not just steaks. I have not bought meat at the full price in a long time.
Posted on 10/3/25 at 12:30 pm to ragincajun03
I eat a lot of steak and buy 90% of my meat from Costco and will continue to do so. Yes, it costs a bit more, but I'll cut the budget in other ways. I'll eat steak and sweet potatoes until I die.
Posted on 10/3/25 at 12:39 pm to TDTOM
quote:
I had another prime NY strip last night. Twas delicious.
At a restaurant or did you grill it yourself?
No one can grill a steak for me better than what I grill for myself, and for 25% of the restaurant price.
Posted on 10/3/25 at 12:43 pm to TulsaSooner78
quote:
At a restaurant or did you grill it yourself?
I reverse-seared it and finished it in a pan with butter and rosemary. Topped it with a blue cheese butter mixture. I very rarely order steak at restaurants.
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