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(KTLA Los Angeles)   Not raining, not pouring. Now ground beef is soaring. Their pasture's dead, and scientists said, "Shouldn't have ignored our warnings"   (ktla.com) divider line
    More: Obvious, Cattle, Livestock, Meat, Severe drought, Calf, Beef, cattle expert, high demand  
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824 clicks; posted to Business » on 01 Aug 2022 at 6:53 PM (8 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



22 Comments     (+0 »)
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2022-08-01 6:58:59 PM  
Clearly Joe Biden has failed America and we need a Republican President who will subsidize farmers to stabilize prices in grocery stores so the majority of Americans don't have to worry about this anymore forever
 
2022-08-01 7:00:48 PM  
A local company here had two processing plants and as grocery stores raised prices during the pandemic ,the company added shifts to benefit from the higher prices.

There was no shortage of cows.
 
2022-08-01 7:27:23 PM  
I haven't seen any big price hikes, but Montana also has their own inspections for meat that doesn't cross state lines. Around $4.50-5.99/lb depending on farm, package size, and fat/lean ratio.
 
2022-08-01 7:30:36 PM  
If they are selling off the cattle, shouldn't beef prices get lower?
 
2022-08-01 7:37:02 PM  
Just 4 firms control 85% of the beef market, 66% of the pork market, and 54% of the poultry market.

The result?
-Lower pay for farmers.
-Bigger profits for monopolies.
-Higher prices for you.

There's no question: We need to break up Big Ag. pic.twitter.com/MeFtjN1YRt
- Robert Reich (@RBReich) July 14, 2022
 
2022-08-01 7:37:59 PM  
I thought so, too. But my thinking did not take greed into account. I've switched to bison long ago, anyway, and the prices have remained stable, probably because bison can live off marginal land and foods.
 
2022-08-01 7:38:50 PM  
I have no idea how much a pound of ground beef costs.  I don't get this "oh, I just know how much a gallon of milk costs" or "loaf of bread" or "pint of butter" or "dozen eggs."

Like, it goes in the cart and it's part of the weekly Aldi trip.  I also don't know exactly how much the Chesapeake Bay Rescue Fund or Sewer Pipe Replacement Fee or Wireless 911 Support fees are on my monthly bills. I know it comes out less overall at Aldi, and every time I go to Giant or Harris Teeter the total is obnoxious, but at Aldi or Lidl I just shrug.

The way people are carrying on, it must have double in price right?

Fark user imageView Full Size


Oh.
 
2022-08-01 7:49:23 PM  
The fact that there lamenting only 100 million cows is... Disturbing.

Stop eating beef
 
2022-08-01 7:53:34 PM  
Nice preview, Fark.
Fark user imageView Full Size
 
2022-08-01 8:06:20 PM  
Back prior to COVID, TJ's was selling ribeye from New Zealand (or Australia) at $9.99/lb, and it had been at that price point for years. Then it got raised to $10.99, then $11.99 and is now at $13.99/lb. But first, it's from another country, so it's not the US supply chain. Second, I've stopped buying it once it went up to $11.99/lb. I still do buy ribeyes, but not that TJ version. I go to a local Halal butcher shop that sells at $16/lb.
 
2022-08-01 8:16:38 PM  
I wonder what is the price of sky beef...?
 
2022-08-01 8:18:05 PM  
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2022-08-01 8:35:13 PM  

pacified: The fact that there lamenting only 100 million cows is... Disturbing.

Stop eating beef


Have the elites verifiably switch to bugs first.  Get all the billionaires and congress and the president to go full bug diet and prove the bugs are tasty.  Including random inspections of their homes for meat and DNA tests of their poop for beef or chicken, and to find chiten or insect legs etc in their poop.

Problem solved.  Have the leaders lead the way.
 
2022-08-01 9:23:35 PM  
The USDA's FSIS was stripped to the bone by various GOP & GQP administration.  Not enough inspectors, profit margins go up.
 
2022-08-01 11:05:17 PM  

majestic: If they are selling off the cattle, shouldn't beef prices get lower?


Lower weight cattle equal less meat. Same bones.
 
2022-08-01 11:08:12 PM  
Ok. Great. So ranchers and processors raise the price and remind us all that 4oz of meat is a serving, not 16.

I'm Loving my impossible meat.
 
2022-08-01 11:52:36 PM  
We've had a bumper crop of hay in Glorious People's Paradise of Best Dakota this year. Night and day difference from last year, when it was so dry we didn't even bother cutting. Cattle are doing well, and hopefully the ranchers can get in on the higher prices. With that and the soaring energy prices, everything's coming up Best Dakota.

State government will still find a way to snatch defeat from the jaws of victory, just like they always do
 
2022-08-02 3:48:17 AM  
I bought half a beast a year ago and still have probably 15-20kgs of ground beef in the freezer 🙂
 
2022-08-02 7:49:28 AM  
Looks like I picked the right week to quit eating beef.

That wasn't a conscious decision, but Sunday I realized I had hardly eaten any meat in nearly a week. I did have a gyro a week ago though...other than that just some tuna and maybe a little ham.  Except for that and milk on my cereal it was practically vegan.

I feel better than I did a week ago, but I'm really hungry right now and I wish the place where I got the gyro was open this early in the morning.
 
2022-08-02 3:45:54 PM  

replacementcool: I bought half a beast a year ago and still have probably 15-20kgs of ground beef in the freezer 🙂


I'm sure it's still edible, but I don't think a year in the freezer is good for the meat.
 
2022-08-02 5:34:57 PM  

dericwater: Back prior to COVID, TJ's was selling ribeye from New Zealand (or Australia) at $9.99/lb, and it had been at that price point for years. Then it got raised to $10.99, then $11.99 and is now at $13.99/lb. But first, it's from another country, so it's not the US supply chain. Second, I've stopped buying it once it went up to $11.99/lb. I still do buy ribeyes, but not that TJ version. I go to a local Halal butcher shop that sells at $16/lb.


I wouldn't pay 11.99 for wagyu.
 
2022-08-02 6:55:28 PM  

KB202: dericwater: Back prior to COVID, TJ's was selling ribeye from New Zealand (or Australia) at $9.99/lb, and it had been at that price point for years. Then it got raised to $10.99, then $11.99 and is now at $13.99/lb. But first, it's from another country, so it's not the US supply chain. Second, I've stopped buying it once it went up to $11.99/lb. I still do buy ribeyes, but not that TJ version. I go to a local Halal butcher shop that sells at $16/lb.

I wouldn't pay 11.99 for wagyu.


If some place is offering Wagyu at $11.99/lb, I probably won't take it either.
 
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