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1
Posted on 10/19/15 at 9:29 pm to KG6
I've always heard that a major part of the cost of food was getting it to the market. I know those trucks cost a fortune to fuel. It would make sense that the prices of food should come down with the price of fuel.
You're right that demand has not come down though. More people around the world are eating meat. I know the Chinese bought out Smithfield not too long ago. The funny thing is pork prices are not all that bad. Chicken, beef, eggs and just about everything else is outrageous though.
You're right that demand has not come down though. More people around the world are eating meat. I know the Chinese bought out Smithfield not too long ago. The funny thing is pork prices are not all that bad. Chicken, beef, eggs and just about everything else is outrageous though.
quote:
Because the supply and demand curves are out of whack with the current oil prices. Price of food and other necessities is still set at the same prices due to the demand staying the same. Price of oil dropped due to supply surplus. If they suddenly baked too much bread, expect the price to go down. But just because it's cheaper to operate the tractor doesn't mean the average Joe isn't willing to shell out the same price for a loaf. So until demand truly shifts, don't expect a major swing in pricing.
Posted on 10/19/15 at 9:29 pm to stout
Had a notification someone with your exact name viewed my linkeIn page today....thought it was you til I looked closer at profile 
Posted on 10/19/15 at 9:31 pm to TutHillTiger
quote:
but corn is cheap now too
Because farmers planted like 24 million more acres of it the past 3 or 4 years than they previously were planting. Other crops like soybeans have suffered since farmers are opting to plant more corn.
Anther thing I read is that ranchers have held back more heifers than they used to in order to grow their herds and right now the cattle population is bigger than it has been.
It's all pointing to a beef bubble pop soon.
Posted on 10/19/15 at 9:32 pm to yellowfin
I don't even know your IRL name to creep on you like that.
Posted on 10/19/15 at 9:34 pm to Brian12
Chuck eye steaks--trim the fat and use the oven and iron skillet method. Done right, you can survive for about $7/lb.
But yeah, I got good filets on sale the other day on sale for $19/lb.
But yeah, I got good filets on sale the other day on sale for $19/lb.
Posted on 10/19/15 at 9:34 pm to stout
I figured everyone did
Posted on 10/19/15 at 9:34 pm to TigerBait2008
Describe your Mom in two lines:
quote:
You try way too hard..
And still suck.
Posted on 10/19/15 at 9:35 pm to McLemore
quote:
Schlosser is perhaps most provocative when he critiques the meatpacking industry, which he tags as the most dangerous job in America. Moreover, the meat produced by slaughterhouses has become exponentially more hazardous since the centralization of the industry: the way cattle are raised, slaughtered, and processed provides an ideal setting for E coli to spread. Additionally, working conditions continue to grow worse. In the final chapter, Schlosser considers how fast food has matured as an American cultural export following the Cold War: the collapse of Soviet Communism has allowed the mass spread of American goods and services, especially fast food. As a result, the rest of the world is catching up with America's rising obesity rates.[6]
Posted on 10/19/15 at 9:35 pm to yellowfin
I might have seen it and didn't pay attention. I honestly have no idea what it is.
Posted on 10/19/15 at 9:42 pm to Brian12
quote:
I've always heard that a major part of the cost of food was getting it to the market. I know those trucks cost a fortune to fuel. It would make sense that the prices of food should come down with the price of fuel.
No. This was just the line they were pushing to the public when oil prices were high to justify thaeir pricing scheme. Now that oil prices are down, they quit using that excuse. But I am a Free Market guy, I like my Steak and am willing to pay for it. Right now that is. They keep pushing it and people will stop buying their product. Then we will see a price correction. The danger to them is that once they drop the price it is very difficult to get it back up.
Posted on 10/19/15 at 9:42 pm to stout
quote:
Ranches will be shutting down
You mean farms?
Posted on 10/19/15 at 9:48 pm to tigerinthebueche
Cattle ranches. A price drop in corn will hurt the beef prices and ranches that have overpaid for cattle will have to sell at a loss. It happened in the 80's when prices dropped and a lot of ranches had to close down and it came close to happening in the 90's as well.
Farms will be fine. They will switch crops and beg for more subsidies which they will get.
Farms will be fine. They will switch crops and beg for more subsidies which they will get.
Posted on 10/19/15 at 9:49 pm to jbgleason
I still get my steaks too but it seems like my Louisiana purchase card hits zero earlier every month
Posted on 10/19/15 at 9:52 pm to soccerfüt
I laughed.
Posted on 10/19/15 at 9:53 pm to stout
quote:
Milk will be worth more per ounce than gold. It's crazy.
It's only $3.89 gallon down the road from me.
Posted on 10/19/15 at 9:53 pm to yellowfin
quote:
but it seems like my Louisiana purchase card hits zero earlier every month
Can you buy edible underwear with those? It's technically food so...asking for a friend.
Posted on 10/19/15 at 10:05 pm to weadjust
1.47 today at COSTCOU
Posted on 10/19/15 at 10:06 pm to BRgetthenet
quote:
It's not gonna kill you to eat less red meat.
It'll actually do the opposite. And you'll feel better.
Get your vegan shite out of here. 'Merica!!!
I had a black bean patty tonight.
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