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What happened with that beef shortage?

Posted on 7/13/20 at 12:09 pm
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120235 posts
Posted on 7/13/20 at 12:09 pm
Or was it just media fear mongering also pushed by chicken littles on here causing panic buying? Meat industry sales must have been nuts.

Baws on here spending thousands to have a whole cow butchered
This post was edited on 7/13/20 at 12:10 pm
Posted by Hogwarts
Arkansas, USA
Member since Sep 2015
18049 posts
Posted on 7/13/20 at 12:10 pm to
Went the way of the buttfor
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48463 posts
Posted on 7/13/20 at 12:10 pm to
It's still expensive but not difficult to find.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68285 posts
Posted on 7/13/20 at 12:10 pm to
your mom closed her legs
Posted by TigerGrad2011
Member since Aug 2016
1578 posts
Posted on 7/13/20 at 12:10 pm to
That was just your college years.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/13/20 at 12:11 pm to
Or toilet paper
Posted by TeddyPadillac
Member since Dec 2010
25484 posts
Posted on 7/13/20 at 12:11 pm to
Just a bunch of morons that were just starting to realize beef isn't cheap like it used to be. They remember paying $.99/lb for ground meat, now they pay $5.99 and think it's crazy (which it is) and there must be a shortage. They have no idea they can go to other grocery stores and find it cheaper, or wait and buy their beef from the same grocery store they always go to when it's cheaper b/c it's getting old.

This post was edited on 7/13/20 at 12:13 pm
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 7/13/20 at 12:12 pm to
quote:

What happened with that beef shortage?


Posted by OMLandshark
Member since Apr 2009
108133 posts
Posted on 7/13/20 at 12:12 pm to
People went back to work.
Posted by Athis
Member since Aug 2016
11573 posts
Posted on 7/13/20 at 12:13 pm to
Also eggs..
Posted by lowhound
Effie
Member since Aug 2014
7525 posts
Posted on 7/13/20 at 12:16 pm to
That shite is still expensive AF. Paid $14 for 2lbs of ground beef yesterday. Kinda how the price of gas or diesel has never went below $2/gal after Katrina/Rita until recently. Panic induced inflation.
This post was edited on 7/13/20 at 12:16 pm
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40847 posts
Posted on 7/13/20 at 12:18 pm to
Just wait two more weeks... Beef won't even exist anymore... /s required for some
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 7/13/20 at 12:18 pm to
It was never about a shortage...it was about the cost
Posted by Horsemeat
Truckin' somewhere in the US
Member since Dec 2014
13525 posts
Posted on 7/13/20 at 12:18 pm to
I work in Nebraska and haul from the beef plants frequently. They had massive outbreaks a couple of months ago, so they did the logical thing - shut down the plants, do a deep clean, let two weeks pass, test the employees and put the ones that test positive out on medical leave for a longer amount of time. Took a month to get the plants back online but they're mostly all back online now. It's not fear mongering - take off the tin foil hats, dummies.
Posted by John88
Member since Sep 2015
6205 posts
Posted on 7/13/20 at 12:18 pm to
Posted by IAmNERD
Member since May 2017
19198 posts
Posted on 7/13/20 at 12:18 pm to
I thought it was pork.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 7/13/20 at 12:19 pm to
Your mom stopped hogging it all.
Posted by red sox fan 13
Valley Park
Member since Aug 2018
15347 posts
Posted on 7/13/20 at 12:20 pm to
Have you ever seen a feedlot? No way we would ever have a beef shortage.
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 7/13/20 at 12:30 pm to
Ground meat and brisket went up where I am. I didnt really see much of a difference on the west coast but I heard in Louisiana it was noticeable
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37057 posts
Posted on 7/13/20 at 12:32 pm to
quote:

What happened with that beef shortage?


Economics.

Supply shortages (caused by shutdowns in production due to virus, and panic buying) caused prices to increase. Increased prices caused people to buy less, as well as incentive both new market participants, and shut-down facilities to quickly clean up and re-open. Result is more beef hits the shelves. At the moment, prices are still high because of pent-up demand. But eventually, supply will remain high, and people won't buy as much, which will cause suppliers to lower prices to find a buyer.

This is the first week of Economics 101 at any decent university.
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