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(TPNN)   Ground beef hits record high price. Taco Bell remains unaffected   (whptv.com) divider line 33
    More: Followup, hit records, mobile advertising, WHP CBS, average cost  
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889 clicks; posted to Business » on 17 Aug 2012 at 8:57 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-17 08:24:45 AM  
That's why I only eat sea beef and sky beef.
 
2012-08-17 08:29:04 AM  
I wonder if it's cheaper to grind your own beef? I sometimes buy whole cuts and just grind the meat myself.
 
2012-08-17 08:34:50 AM  

Cythraul: I wonder if it's cheaper to grind your own beef?


Of course it is, but you might go blind.
 
2012-08-17 08:59:43 AM  

dittybopper: That's why I only eat sea beef and sky beef.



You leave those sea cows alone.
 
2012-08-17 09:11:39 AM  
I love how my local taco bell advertises "100% Real Chicken!"

/the chicken soft taco and bean burritos are actually pretty good and dirt cheap
 
2012-08-17 09:17:56 AM  

Cythraul: I wonder if it's cheaper to grind your own beef? I sometimes buy whole cuts and just grind the meat myself.


Not as long as they are legally allowed to add up to 20% filler to the ground beef
 
2012-08-17 09:18:31 AM  

Sybarite: dittybopper: That's why I only eat sea beef and sky beef.


You leave those sea cows alone.


Steller comment.
 
2012-08-17 09:20:51 AM  

beta_plus: I love how my local taco bell advertises "100% Real Chicken!"

/the chicken soft taco and bean burritos are actually pretty good and dirt cheap


The burritos are not as good as they used to be. The re-fried beans they use now are much more bland and runny. Don't get me wrong, at $.99 each, three bean burritos is still a damn fine lunch.
 
2012-08-17 09:30:37 AM  

Lost Thought 00: Cythraul: I wonder if it's cheaper to grind your own beef? I sometimes buy whole cuts and just grind the meat myself.

Not as long as they are legally allowed to add up to 20% filler to the ground beef


So, it's cheaper only if they're allowed to add filler? I think I'll just use my more expensive self-ground non-filler beef.
 
2012-08-17 09:36:31 AM  

max_pooper: beta_plus: I love how my local taco bell advertises "100% Real Chicken!"

/the chicken soft taco and bean burritos are actually pretty good and dirt cheap

The burritos are not as good as they used to be. The re-fried beans they use now are much more bland and runny. Don't get me wrong, at $.99 each, three bean burritos is still a damn fine lunch.


damn fine diarhea too.

i always bust out the special toilet seat with the motorcycle handlebars attached whenever i have TB. The next morning cuppa joe unleashes a storm of destruction hot and destructive enough to destroy Dresden.
 
2012-08-17 09:36:59 AM  

Cythraul: Lost Thought 00: Cythraul: I wonder if it's cheaper to grind your own beef? I sometimes buy whole cuts and just grind the meat myself.

Not as long as they are legally allowed to add up to 20% filler to the ground beef

So, it's cheaper only if they're allowed to add filler? I think I'll just use my more expensive self-ground non-filler beef.


You probably won't be able to get the same texture as store bought ground beer. Store bought ground beef has water added, in the form of ice, to help keep the meat cold during the grind process so the added fat doesn't get all mushy which creates a much nicer texture.
 
2012-08-17 09:39:43 AM  

max_pooper: Cythraul: Lost Thought 00: Cythraul: I wonder if it's cheaper to grind your own beef? I sometimes buy whole cuts and just grind the meat myself.

Not as long as they are legally allowed to add up to 20% filler to the ground beef

So, it's cheaper only if they're allowed to add filler? I think I'll just use my more expensive self-ground non-filler beef.

You probably won't be able to get the same texture as store bought ground beer. Store bought ground beef has water added, in the form of ice, to help keep the meat cold during the grind process so the added fat doesn't get all mushy which creates a much nicer texture.


Hmmm. I've ground my own meat several times, and I've never noticed an unpleasant texture. The only time I've noticed a bad texture when 'grinding' my own beef was when I used the food processor instead of my kitchen aid grind attachment. Boy, was that an awful experience. One of the few bad pieces of advice from Alton Brown. Or maybe I just did it wrong.
 
2012-08-17 09:49:57 AM  
Glad we've got a feeder ready to butcher in November.
 
2012-08-17 10:23:48 AM  

max_pooper: The burritos are not as good as they used to be. The re-fried beans they use now are much more bland and runny. Don't get me wrong, at $.99 each, three bean burritos is still a damn fine lunch.


I miss the weird extruded orange stuff they used to use for cheese until the mid-late 90s. It made their burritos taste much better than they do now.
 
2012-08-17 10:37:38 AM  
TFA
...it would have risen to $2.66 per pound by 2009, when President Obama took office. However, between 1984 and 2009, the average price for a pound of 100% ground beef did not increase as much as overall inflation. Thus, in January 2009, when Obama was inaugurated it was only $2.357.


What the fark is Obama doing in an article about the price of ground beef? Oh wait, the source is a CNS article. For those unfamiliar, CNS is a Glenn-Beck style website. The question is, why is a CBS affiliate from PA citing a partisan website for an article about ground farking beef? And why did partisanmitter choose this particular source?
 
2012-08-17 10:50:18 AM  
If they offered a ground tofu, I'd probably eat that instead of the "beef".
 
2012-08-17 11:13:24 AM  
Drought profiteering, even though beef prices should be headed down as the cattle are culled.
 
2012-08-17 11:36:25 AM  

meat0918: Drought profiteering, even though beef prices should be headed down as the cattle are culled.


Say who the what now?
 
2012-08-17 11:46:30 AM  

MugzyBrown: meat0918: Drought profiteering, even though beef prices should be headed down as the cattle are culled.

Say who the what now?


In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.
 
2012-08-17 11:50:27 AM  

max_pooper: MugzyBrown: meat0918: Drought profiteering, even though beef prices should be headed down as the cattle are culled.

Say who the what now?

In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.


Yes, and the Ag Secretary has already warned to be on the lookout for price gouging Link
 
2012-08-17 11:53:09 AM  

max_pooper: In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.


Or perhaps instead they feed their cattle. The cost of feed goes up and so does the cost of beef.

And because we have stupid laws, so does the cost of gas!
 
2012-08-17 11:56:19 AM  

max_pooper: MugzyBrown: meat0918: Drought profiteering, even though beef prices should be headed down as the cattle are culled.

Say who the what now?

In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.


Except that it's a temporary surplus, and the market knows that. The market also knows that beef can be frozen, so not all the freshly killed beef is going to go straight to market. In fact, a significant fraction will probably end up being stored and released later when prices are projected to be higher, thus limiting the downward pressure on the *RETAIL* price of beef, while adding to the downward pressure of beef "on the hoof".
 
2012-08-17 12:02:55 PM  

max_pooper: MugzyBrown: meat0918: Drought profiteering, even though beef prices should be headed down as the cattle are culled.

Say who the what now?

In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.


That's not what happens at all. Most beef is grain-fattened on feed lots. Farmers sell their grass-fed beef to operations who subsequently fatten them on grain feed over the course of a few months. Incidentally, grain feed is also at record prices. So you've got feed lot operations trying to offset the cost of feed with higher prices. In addition you have speculators bidding on futures with the expectation that the supply will be lower, which it will be, precisely because farmers are reducing their head count right now. And it's not exactly a choice. You don't just let your investment die off. My dad took seven to market last week. They're not netting big prices from the feed lots because, again, the operations are having to pay higher prices for grain feed. Luckily for Dad we've got pretty good stock. He got the highest prices on his day at auction.
 
2012-08-17 12:03:27 PM  
I laughed. And then got a craving for Taco Bell. Looks like leftovers can hold off till tomorrow!
 
2012-08-17 12:11:13 PM  
Except none of that actually happens.

Here's what the USDA says about drought lowering prices short term:

"The drought has the potential to increase retail prices for beef, pork, poultry, and dairy products first and foremost - later this year and into 2013. But in the short term, drought conditions may lead to herd culling in response to higher feed costs, and short term increases in meat supply. This could decrease prices for some meat products in the short term. That trend would reverse over time after product supplies shrink."

Link
 
2012-08-17 12:20:52 PM  

MugzyBrown: max_pooper: In an on going drought, ranchers choose to cull the herd while there is still profit to be made instead of letting the animals simply die due to lack of feed and water. This creates a flood in the market and should drive prices in the short term. We should be seeing a drop in beef prices as culled herds from drought stricken areas begin to entering the market.

Or perhaps instead they feed their cattle. The cost of feed goes up and so does the cost of beef.

And because we have stupid laws, so does the cost of gas!


Yeah, I don't understand the price of ground beef going up right now. Cattle sales are up and on-the-hoof prices are down accordingly.
 
2012-08-17 01:08:20 PM  
That's what happens when you burn your corn instead of feeding it to cows.
 
2012-08-17 01:11:08 PM  
EAT MOR CHIKEN
 
2012-08-17 01:43:50 PM  
You people biatched about the *pink slime* that you've been eating for 20 years (and still do if you've ever gotten anything from a supermarket deli, or any packaged lunchmeat), and now you can pay for the results. Cut the filler, raise the price.
 
2012-08-17 02:43:27 PM  
New meme.

(insert product here) hits record price.
 
2012-08-17 11:40:54 PM  
Where is ground beef 3 a pound? It's about twice that around here in CT (the poor side). Good thing lobsters are only 4.99/lb or we'd starve this summer.
 
2012-08-18 12:25:30 AM  

Father_Jack: max_pooper: beta_plus: I love how my local taco bell advertises "100% Real Chicken!"

/the chicken soft taco and bean burritos are actually pretty good and dirt cheap

The burritos are not as good as they used to be. The re-fried beans they use now are much more bland and runny. Don't get me wrong, at $.99 each, three bean burritos is still a damn fine lunch.

damn fine diarhea too.

i always bust out the special toilet seat with the motorcycle handlebars attached whenever i have TB. The next morning cuppa joe unleashes a storm of destruction hot and destructive enough to destroy Dresden.


That sounds like a personal problem. TB has never given me issues.
 
2012-08-18 02:40:52 AM  
Huh... Wegmans has been selling ground beef for $1.99/lb all summer.
 
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