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$4.20 Per Pound: Price of Ground Beef Climbs to Another Record
CNS News ^ | December 17, 2014 | Ali Meyer

Posted on 12/17/2014 10:49:54 AM PST by C19fan

The average price of a pound of ground beef climbed to another record high -- $4.201 per pound -- in the United States in November, according to data released today by the Bureau of Labor Statistics (BLS).

In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, according to the BLS. In September, the average price jumped to $4.096 per pound, and in October, the average price climbed to $4.154 per pound. In November, the average price hit the highest price ever recorded -- $4.201 per pound.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy
KEYWORDS: beef; ground; groundbeef; hamburger
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I only buy the clearance beef at Walmart or other supermarkets. The regular prices have gone too high.
1 posted on 12/17/2014 10:49:54 AM PST by C19fan
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To: C19fan
That Pink Slime is looking pretty good now!
2 posted on 12/17/2014 10:57:22 AM PST by TexasCajun
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To: C19fan

Now at least average folks can afford to drive to the grocery store to not be able to afford beef.


3 posted on 12/17/2014 10:58:31 AM PST by grania
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To: C19fan

I read this article earlier. No where in the article does it say why the cost is going up. Corn is cheap, petroleum is cheap.

“I buy only the clearance beef..”
I bought some half price beef yesterday and left a couple packs for you:)


4 posted on 12/17/2014 10:59:13 AM PST by Cold Heart
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To: C19fan

5 posted on 12/17/2014 10:59:41 AM PST by DannyTN
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To: C19fan

I was in Costco the other day and got fresh lobster claws for $9.90 a pound. The claws were very tasty.


6 posted on 12/17/2014 11:00:40 AM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: All

I suppose this is a good thing based on what I’ve learned here about oil. Just think of all of the people in the beef industry that aren’t losing their jobs right now.


7 posted on 12/17/2014 11:00:44 AM PST by mmichaels1970
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To: C19fan

The article does not explain the cause. Drought and feed issues have been posited in the past, and maybe the same still holds true. Sure would like to see beef prices go the way of “earl” today.


8 posted on 12/17/2014 11:00:48 AM PST by Fester Chugabrew (Even the compassion of the wicked is cruel.)
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To: Cold Heart

I think with the recent droughts out West have thinned the cattle herds. Also, with China growing they want to eat more beef.


9 posted on 12/17/2014 11:01:18 AM PST by C19fan
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To: C19fan

fried balogna is a good sammich


10 posted on 12/17/2014 11:03:15 AM PST by GeronL (Vote for Conservatives not for Republicans)
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To: C19fan

$2.99 per lb on Tuesday at local Fresh Market


11 posted on 12/17/2014 11:03:25 AM PST by UB355 (Slower traffic keep right)
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To: C19fan

My Engle’s has a large photo poster above the office,
of a Engles circa 1950 with a sign that says,
“Ground Beef, 3lb. for $ 1.37”.

I hate to look at it.


12 posted on 12/17/2014 11:03:40 AM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: C19fan

I’ve also noticed that the price of rawhide chews for my dog have been rising.


13 posted on 12/17/2014 11:04:22 AM PST by glorgau
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To: C19fan

I get a whole sirloin (10~12 lbs) at $3.80 per pound, then cut off about 6 pounds of grilling steak, the rest is ground up for hamburger.


14 posted on 12/17/2014 11:06:52 AM PST by GunsAndBibles (All that is necessary for the triumph of evil is that good men do nothing)
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To: C19fan

Over 5 bucks at Publix


15 posted on 12/17/2014 11:07:22 AM PST by Ray76 (Who gave the stand down order in Ferguson? Who gave the stand down order in Benghazi?)
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To: Cold Heart
Cold Heart:" I read this article earlier. No where in the article does it say why the cost is going up. Corn is cheap, petroleum is cheap."

Seasonal changes,drought, and price of feed from the drought took their toll.
Then there was last winters cold blasts that froze livestock in the pastures and fields.
In colder weather, livestock need more feed to stay warm and alive.
When farmers were having a problem meeting feed costs , they had to cull their herds.
Now there is a shortage of livestock, and stock breeders, and there may be a shortage for another year before costs level out.

16 posted on 12/17/2014 11:08:38 AM PST by Tilted Irish Kilt
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To: C19fan

If I want 97% lean ground, it’s $7.23/pound at the local market. Ground chicken and turkey are less, but still around $4.00/pound.

Guess I’ll have to go vegetarian. Yuck!


17 posted on 12/17/2014 11:09:31 AM PST by fatnotlazy
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To: GeronL
“fried balogna is a good sammich.”

***

Or on the grill.

18 posted on 12/17/2014 11:11:59 AM PST by fatnotlazy
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To: fatnotlazy

yes. get the uncut log and grill thick slices.


19 posted on 12/17/2014 11:13:21 AM PST by GeronL (Vote for Conservatives not for Republicans)
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To: All

Even considering ammo, tags and processing costs, the venison my family will eat for the next year is less than half that. That includes burger, steaks, roasts and tenderloins, too.

Of course if we add in the beer drank during deer season, the price jumps dramatically :-)


20 posted on 12/17/2014 11:20:28 AM PST by Turbo Pig (...to close with and destroy the enemy...)
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