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(Slate)   From the "Almost news, but isn't but really it is, but not" Department: Beef may or may not be getting more expensive   (slate.com) divider line 53
    More: Misc, Kansas City Fed, economic statistics, beef, Beige Book  
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1378 clicks; posted to Main » on 15 Jan 2014 at 8:50 PM (27 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-01-15 08:52:16 PM
Now I want a ribeye, medium-raw.
 
2014-01-15 08:54:01 PM
"Yes, my Mass Media Overlords! I will rush to the store and panic-buy as much beef as possible because you said so."

That is what you trouble making dickheads want us to all say, right?
 
2014-01-15 08:54:31 PM
ain't no shortage of free puppies or kittens though is there now?
 
2014-01-15 08:55:43 PM
Mmm... Italian beef....
 
2014-01-15 08:57:46 PM
I'm not even stoned and I spent maybe 10 seconds trying to figure out what Department Beef is.
 
2014-01-15 08:59:17 PM
The mobile site still has the "It's not news..." slogan, but the regular site doesn't, so it's really hard to tell whether this headline belongs here or not.
 
2014-01-15 09:01:51 PM
For those who don't get this post, Matt Yglesias has been making fun of the "beige book" for a whole now. It's not a source for the Fed's real economic statistics. More of an anecdatal anachronism.
 
2014-01-15 09:11:34 PM
so this is and isn't real?  like the panic over the shortage of chicken wings and velveeta?
 
2014-01-15 09:13:10 PM
Yes it has been getting more expensive, along with everything else. Its tough to find good ground beef anymore. The stuff at grocery stores varies from alright to smelling like cow shiat. You have to find a good butcher shop or specialty market.
 
2014-01-15 09:13:36 PM
Beef kills humans and the planet.  Ban that shiat.
 
2014-01-15 09:25:59 PM
i.imgur.com
 
2014-01-15 09:27:17 PM

Propain_az: Beef kills humans and the planet.  Ban that shiat.


...or just use land and water more efficiently and economically, stop feeding herbivores their brethren, and stop pumping them full of antibiotics and other drugs when not medically necessary.
 
2014-01-15 09:34:46 PM
Well, TFA was pointless. Not unusual for Slate. Did the Farm Bill pass so we we can pay people not to raise cattle?
 
2014-01-15 09:35:09 PM

astouffer: You have to find a good butcher shop or specialty market.


Or do it yourself.  Much cheaper when you buy a half or quarter of a beef and you can tailor it to the fat content and grind you like.

It always amazes me how detached most folks are from their food these days.
 
2014-01-15 09:35:19 PM
How is is news? Beef prices have exploded over the last year.
 
2014-01-15 09:37:52 PM

HeadLever: astouffer: You have to find a good butcher shop or specialty market.

Or do it yourself.  Much cheaper when you buy a half or quarter of a beef and you can tailor it to the fat content and grind you like.

It always amazes me how detached most folks are from their food these days.


When does cow season start?
 
2014-01-15 09:38:39 PM

Propain_az: Beef kills humans and the planet.  Ban that shiat.


I am a big proponet of banning water.  That really kills many more humans and should be a much higher priority on any ban list.
 
2014-01-15 09:38:40 PM

Propain_az: Beef kills humans and the planet.  Ban that shiat.


have you not heard of the food chain

img.fark.net
 
2014-01-15 09:40:09 PM

simplicimus: HeadLever: astouffer: You have to find a good butcher shop or specialty market.

Or do it yourself.  Much cheaper when you buy a half or quarter of a beef and you can tailor it to the fat content and grind you like.

It always amazes me how detached most folks are from their food these days.

When does cow season start?


wabbit season!
 
2014-01-15 09:41:03 PM

simplicimus: When does cow season start?


As soon as you can round up the cash to pay the rancher.  We generally do it during the winter as it is much easier to butcher, cool and age the meat.  You can do it in the summer, but you have to be careful about spoilage.
 
2014-01-15 09:42:48 PM
Summary: we read three reports that kinda sorta seemed to mildly contradict each other. Rather than investigating further, we wrote this week, indecisive article and called it a day.

I make fun of science reporting, but at least they frikkin' try.
 
2014-01-15 09:43:22 PM

HeadLever: simplicimus: When does cow season start?

As soon as you can round up the cash to pay the rancher.  We generally do it during the winter as it is much easier to butcher, cool and age the meat.  You can do it in the summer, but you have to be careful about spoilage.


Why not just kill old cows in the summer so they are pre-aged?
 
2014-01-15 09:45:17 PM
I've lived in farm country my entire life, and right now cattle prices are the highest they've ever been. It's not just a small increase, either. Calves that would have brought $600 a few years ago are bringing $1200 right now, and the price just keeps going up. I find it hard to believe that that will not translate into higher prices in the grocery store. Between the epic drought down south that forced ranchers to sell down their herds and the sky-high price of corn and soybeans which has caused farmers to break up more and more pasture and hay ground, there just aren't nearly as many cows as there were a few years ago. It's not going to be the end of the world, but your beef isn't going to get any cheaper in the foreseeable future.
 
2014-01-15 09:49:28 PM

Radioactive Ass: Why not just kill old cows in the summer so they are pre-aged?


Generally the rancher's dogs already have dibs.
 
2014-01-15 09:49:42 PM
not a lot of folks running cattle in the hills around me anymore but the farm land bubble should be about to burst. soon. maybe?
 
2014-01-15 09:52:21 PM
Sure it is, with long term droughts in Cailfornia and Texas, ranchers having to buy expensive feed, and associated costs, what makes you think it's getting any cheaper? As Robin Williams said in a Rolling Stone interview a long time ago,about letting cows die standing up, and drying out to sell as beef jerky.
 
2014-01-15 10:03:15 PM

mod3072: I've lived in farm country my entire life, and right now cattle prices are the highest they've ever been. It's not just a small increase, either. Calves that would have brought $600 a few years ago are bringing $1200 right now, and the price just keeps going up. I find it hard to believe that that will not translate into higher prices in the grocery store. Between the epic drought down south that forced ranchers to sell down their herds and the sky-high price of corn and soybeans which has caused farmers to break up more and more pasture and hay ground, there just aren't nearly as many cows as there were a few years ago. It's not going to be the end of the world, but your beef isn't going to get any cheaper in the foreseeable future.


You're right about the drought, dead wrong about corn/soybeans, which are both down considerably in the last year. Hog and chicken futures are coming back down with the drop in feed prices because there's only a 40-90 day lead time in raising numbers after culling.

For cattle, it will take another 3 to 5 years for herds to be restocked. Absent cloning a bunch of steak, prices will remain relatively high so long as the weather/grain prices cooperate.
 
2014-01-15 10:10:49 PM

Omahawg: not a lot of folks running cattle in the hills around me anymore but the farm land bubble should be about to burst. soon. maybe?


Probably.  Corn prices are off by half this year.

ei.marketwatch.com
This is not sustainable.  However, the interesting thing about bubbles is how long they can run.  I have no idea when it will end, and I won't speculate because I've been wrong on tech stocks, oil, gold, and real estate.  I always call them too early.
 
2014-01-15 10:12:05 PM

Rapmaster2000: Probably.  Corn prices are off by half this year.


Yeah, subsides have distorted that market quite a bit and I don't think that you will see it continue.
 
2014-01-15 10:21:50 PM
And Wadded Beef's stock continues to rise!  Awwww, yeah...
 
2014-01-15 10:42:37 PM

Propain_az: Beef kills humans and the planet.  Ban that shiat.


Now I know a buffalo isn't the same thing as a cow.  However, they are related, and you should have seen all the environmental damage those behemoths used to do back in the day.
 
2014-01-15 11:17:46 PM
Publix used to, as recently as a few years ago, regularly put sirloin steaks on special for $3-$4/lbs, which I felt was pretty reasonable.  I haven't seen those deals in a long while.
 
2014-01-15 11:24:11 PM
"The price of meat has just gone up and your old lady has just gone down."

-Shia LaBeouf
 
2014-01-15 11:29:06 PM

TuteTibiImperes: Publix used to, as recently as a few years ago, regularly put sirloin steaks on special for $3-$4/lbs, which I felt was pretty reasonable.  I haven't seen those deals in a long while.


Yep.  In addition, it appears that most of the market pressure is to keep prices very high for the near future.

1.bp.blogspot.com
 
2014-01-15 11:39:24 PM
They're making it easy to give up the beef habit.
 
2014-01-15 11:42:02 PM

Billy Bathsalt: They're making it easy to give up the beef habit.


We're lucky that our fast food chains don't use it.
 
2014-01-15 11:44:40 PM

simplicimus: Billy Bathsalt: They're making it easy to give up the beef habit.

We're lucky that our fast food chains don't use it.


It's odd that though chicken is cheaper than beef, chicken sandwiches (made from real contiguous pieces of chicken, not the $1 reformed patty ones) are usually more expensive than a burger of similar size.
 
2014-01-15 11:51:00 PM

TuteTibiImperes: simplicimus: Billy Bathsalt: They're making it easy to give up the beef habit.

We're lucky that our fast food chains don't use it.

It's odd that though chicken is cheaper than beef, chicken sandwiches (made from real contiguous pieces of chicken, not the $1 reformed patty ones) are usually more expensive than a burger of similar size.


Well, beef flavored soy is cheaper than real chicken.
 
2014-01-16 12:05:37 AM
In 20-30 years, beef will be a luxury item.
 
2014-01-16 12:28:59 AM
I raise my own. Angus. Small herd. No more than 12 at a time.

:-)
 
2014-01-16 12:58:43 AM
Beef has been way too expensive for some time now.  It's now something that. at least in my household, is a monthly item instead of weekly.  Chicken prices have gone up, but you can still get 1/4's and 1/2's for grilling at relatively reasonable prices.  Most fish is even more outrageous than steak.  Pork seems to be about the only other meat / flesh type product that is still affordable.  Being a serious, born-again carnivore, I eat my veggies but must have some type of meat in my diet.
 
2014-01-16 01:18:41 AM
I think it's time to start cattle rustling
 
2014-01-16 02:04:13 AM

mod3072: I've lived in farm country my entire life, and right now cattle prices are the highest they've ever been. It's not just a small increase, either. Calves that would have brought $600 a few years ago are bringing $1200 right now, and the price just keeps going up. I find it hard to believe that that will not translate into higher prices in the grocery store. Between the epic drought down south that forced ranchers to sell down their herds and the sky-high price of corn and soybeans which has caused farmers to break up more and more pasture and hay ground, there just aren't nearly as many cows as there were a few years ago. It's not going to be the end of the world, but your beef isn't going to get any cheaper in the foreseeable future.


My in-laws downsized most of their herd of Highland cattle last year, and probably could have held some out for this year if they hadn't just wanted to reduce the amount of work (they're hobby farmers). They made some serious bank on those bastards, considering all the weather events that have reduced herds the last couple of years.


Also... beef, chicken, pork, whatever; I just have to post this:

i391.photobucket.com
 
2014-01-16 02:33:49 AM
Beef may be getting more expensive.

Or, it may not.

Maybe.

www.adweek.com

It might...
 
2014-01-16 02:49:46 AM
Schrodinger's beef?
 
2014-01-16 04:18:13 AM
Check out the USDA historical monthly price spread linked near the end of the article. Prices have been going up slowly and surely over the last ~5 years.
 
2014-01-16 04:20:30 AM
You can also save a lot of water by not eating beef. And going pantsless. But who needs a reason for being pantsless?

support.jnf.org

" * one cup of milk, wine or coffee, just meat for hamburger, water per pound of beef, water for animals and processing"
 
2014-01-16 05:31:33 AM

StopLurkListen: You can also save a lot of water by not eating beef. And going pantsless. But who needs a reason for being pantsless?

[support.jnf.org image 700x659]

" * one cup of milk, wine or coffee, just meat for hamburger, water per pound of beef, water for animals and processing"


Im tired of seeing these. These water studies are all, *ALL*, BS.    where does the water for the feed come from? THE SKY.  it never gets to the resivior.  If there weren't corn there, there would be trees and priarie grass drinking it.

Where does the water you GIVE a cow go?  it gets urinated back into the ground, where it gets filtered and reused by the environment.  Water is SUPPOSED to be used and recycled by animals and plants, its how the miracle of life works.

You arent using up our water supply to grow cows.
 
2014-01-16 08:23:44 AM

I sound fat: StopLurkListen: You can also save a lot of water by not eating beef. And going pantsless. But who needs a reason for being pantsless?

[support.jnf.org image 700x659]

" * one cup of milk, wine or coffee, just meat for hamburger, water per pound of beef, water for animals and processing"

Im tired of seeing these. These water studies are all, *ALL*, BS.    where does the water for the feed come from? THE SKY.  it never gets to the resivior.  If there weren't corn there, there would be trees and priarie grass drinking it.

Where does the water you GIVE a cow go?  it gets urinated back into the ground, where it gets filtered and reused by the environment.  Water is SUPPOSED to be used and recycled by animals and plants, its how the miracle of life works.

You arent using up our water supply to grow cows.


Alot of those water diagram things are misleading however, there is truth to it.

My cousin has to truck water in for his smaller hippy dippy free range organic herd.

And at the farm i work at we have to make sure the hundreds of gallons of piss that the cows generate dosnt go directly into their water supply. And during dry summers they do end up drinking water from the city.

As for grain and rain the problem is plain. Grain is water intensive. Prairy grass not so much.
 
2014-01-16 09:10:01 AM
Knarf: My cousin has to truck water in for his smaller hippy dippy free range organic herd.

That is mostly like the area will not support this water use.  You are not really saving water, but just transporting if from where it is available to where you need it.

And at the farm i work at we have to make sure the hundreds of gallons of piss that the cows generate dosnt go directly into their water supply

The trick here is to ensure that it has a chance to be treated (either naturally or through a treatment facility) before it does that.  This process just removes the water from being used (at least by humans as plants don't mind at all) again for a certain amount of time.

/the issue for water is getting it to where it is needed at the quality it is needed.
//And for fighting.
 
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