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Beef Isn't For Dinner Anymore as Americans Devour Cheaper Pork [Bloomberg Link Only]
Bloomberg [Link Only] ^ | October 4, 2015 | Lydia Mulvany

Posted on 10/05/2015 7:33:55 AM PDT by C19fan

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To: Balding_Eagle

Yes, as it states, beef herds hit a 60 year low, so prices have gone up, as they recover, they will go down, but it will take a few years, as they don’t breed as numerously or quickly as pigs.

The move to pork and chicken is not because folks are rejecting Beef, its simple a cost issue. When the cost comes down as supply increases consumption will return.

I personally can afford $10 lb steak if I want to, but I just refuse to pay it. Same thing for $3 and $4 a lbs hamburger. When the price comes back down, I will buy it... I don’t buy much pork, never have, don’t care for it much, but I do eat chicken a good bit.


41 posted on 10/05/2015 9:08:31 AM PDT by HamiltonJay
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To: jersey117

Who can afford steak?


42 posted on 10/05/2015 9:14:30 AM PDT by minnesota_bound
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To: C19fan

I agree beef prices are painful, but sometimes you can find a bargain. I picked up two packages of filets for $8 a pound this weekend. They were close to expiration and not the tenderest I’ve ever had, but considering they’re usually $13+ a pound, I’m ok with that.

And to keep this in perspective, the same store was selling lobster tails for $30 a pound, and king crab for $22. Heck, I think their cod was over $10 a pound.


43 posted on 10/05/2015 9:25:23 AM PDT by IronJack
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To: PAR35

“Unless it is in the clearance bin hitting its expiration date, beef has pretty much priced itself out of my basket.”

Last month Costco had its NY boneless 1” thick beef steaks at $10/#. We bought our usual pack of 4. We share 1 per week.

Yesterday, our Costco supply was zip, so we bought Walmart’s 2 pack of bacon wrapped fillets for $5.50 and grilled them yesterday for our weekly beef.


44 posted on 10/05/2015 9:34:33 AM PDT by Grampa Dave (Pass the popcorn, set back/watch the Russians destroy Isis in Syria and Iran doing the same in Iraq)
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To: C19fan

Actually I am stunned to see how cheaply you can buy a nice pork roast around here.


45 posted on 10/05/2015 9:55:28 AM PDT by Buckeye McFrog
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To: PAR35

My husband does the shopping. (He sticks with the list. That saves us about $400 a month)

He went to Korea for a year and a half and just got back. After his first shopping trip, he came home with his mind blown. “Thirty dollars for a freaking roast?! At first I thought it was a joke or a mistake. These prices have DOUBLED since I left!”

We used to have roast once a week and steak once a week. Now it’s once a month for each.

But the gov’t tells us that inflation has only gone up 1% this last year... riiiiight.


46 posted on 10/05/2015 11:51:09 AM PDT by Marie (Hey GOP... The vulgarians are at the gate.)
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To: Marie

“Chained CPI”. It works on the theory that consumers will change to a cheaper product if prices rise, so if you switch from steak to hotdogs, you really aren’t spending any more for food, so there hasn’t been any inflation.

Yep, it’s how they think in Washington.


47 posted on 10/05/2015 1:14:47 PM PDT by PAR35
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To: PAR35

Thank you. This explains so much.

Our shopping strategies are completely different from what they were 3 years ago. Back then, we had a ton of fresh produce. Now it’s frozen. (less waste) A *lot* more chicken and hamburger. Much less whole cuts of beef. Less fresh fruit. Fewer ‘treats’. More ingredients, less pre-packaged.

I’ve been wondering how the bastards have kept up the lie that there was almost no inflation.

Now I get it.


48 posted on 10/05/2015 2:38:38 PM PDT by Marie (Hey GOP... The vulgarians are at the gate.)
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