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Meat Prices Will Triple in the Coming Weeks as Grocery Stores Struggle With Shortages
Discern Report ^ | 6/25/23 | Epic economist

Posted on 06/26/2023 12:46:08 PM PDT by CFW

If you’re planning to buy some beef to throw on the grill over the next few weeks, expect to pay up to three times more than you did just a couple of years ago, when our domestic supply was plentiful due to a historic cattle selloff. Since 2021, ranchers have been coping with drought and record feed prices, which forced many of them to send their animals for slaughter earlier than usual. And while that led to a higher supply and steadier prices back then, now it is resulting in falling production, empty shelves, and a painful spike in prices at grocery stores.

According to industry sources familiar with the matter, we’re about to see the worst of meat shortages, and costs are about to explode for US consumers, who may have to trade their traditional steaks for cheaper alternatives for the rest of the year and into 2024.

Our domestic beef cow herd is currently at its smallest size since 1962. And now ranchers who fatten cattle have finally gained leverage in sales negotiations over the meatpackers that dominate the market. The US Department of Agriculture reports that tightening cattle supplies are expected to cause a significant year-over-year decrease in beef production, the first decline since 2015.

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


TOPICS: Business/Economy; Culture/Society; Extended News; Government
KEYWORDS: beef; bidenflation; bidenlegacy; cattle; economy; food; foodshortages; inflation; jdruckerisanidiot; meatprices; meatshortages; mooarxism; shortages; supply; trump2024; wheresthebeef
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To: coydog

Just for the hits. They do it for the clicks. Make up some scare story. The blogosphere is just like the MSM. Constant doom and gloom. Most of it made up.


21 posted on 06/26/2023 1:31:09 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: CFW

More steak will become hamburger.


22 posted on 06/26/2023 1:31:48 PM PDT by TomGuy
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To: CFW

Yeah, right. Come back after these “weeks” and show us where meat prices have “tripled”. Article is BS.


23 posted on 06/26/2023 1:38:56 PM PDT by bigbob (Q)
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To: BipolarBob

Whats the point of going keto? If the government made famine rolls around youre going to be losing plenty like it or not.


24 posted on 06/26/2023 1:51:54 PM PDT by gnarledmaw (Hive minded liberals worship leaders, sovereign conservatives elect servants.)
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To: CFW
who may have to trade their traditional steaks for cheaper alternatives

Preparing the public for the introduction of stem cell goo meat?

25 posted on 06/26/2023 2:01:56 PM PDT by TomGuy
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To: 1Old Pro
A boneless rib-eye steak was $35.99 a pound yesterday at the local IGA. That's the grass fed beef. Regular black Angus was $27.99 a pound. I could eat steak everyday but not at these prices. I might have to go on the Biden diet of oatmeal and pudding.
26 posted on 06/26/2023 2:03:16 PM PDT by Rdct29 (The Democrats Are The New Nazi Party )
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To: CFW

jimmy carter II


27 posted on 06/26/2023 2:04:01 PM PDT by pfflier
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To: CaptainPhilFan

What happened to Stumbledrunkard? If he ever gets back can someone sick him on ...Ozguy45(?)...too? Damn those threads piss me off.


28 posted on 06/26/2023 2:07:46 PM PDT by gnarledmaw (Hive minded liberals worship leaders, sovereign conservatives elect servants.)
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To: TomGuy

“stem cell goo meat”
_________________________________

Almost launched a mouthful of coffee for that one!
Thanks!!!


29 posted on 06/26/2023 2:17:14 PM PDT by JCL3 (As Richard Feynman might have said, this is reality taking precedence over public relations.)
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To: CaptainPhilFan
I can’t decide if this is real news or a hair-on-fire cheap advertisement.

It might be one or the other or both, but I can tell you with 100% certainty that the point of the story is not BS.

Just yesterday I had a conversation with the farmer that I buy my beef from about this very topic. He is contacting all of his customers to let them know that the rail price of beef will be north of 4$/lb plus processing costs come butchering time next spring.

Feed costs are through the roof right now, and with the drought that we're experiencing here in Misery there isn't going to be an adequate supply of hay to get the herds through winter. My hayfields made 14 5'x5' round bales this time. Last year those same two fields made 34 bales, and that is roughly 2/3 of what I get in a "normal" year.

30 posted on 06/26/2023 2:19:35 PM PDT by Augie
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To: CFW

So much for Biden saving us $.18 for 4th of July this year, which was the lie of the summer of 2021.


31 posted on 06/26/2023 2:22:01 PM PDT by Blue Highway
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To: rockabyebaby

Bkmk


32 posted on 06/26/2023 2:22:24 PM PDT by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)
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To: BipolarBob

Same here, I just started carnivore diet a month ago which I’d like Keto only NO carbs at all.


33 posted on 06/26/2023 2:23:11 PM PDT by Blue Highway
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To: Blue Highway
*TYPO: "Which I'd is like Keto but NO carbs"
34 posted on 06/26/2023 2:27:37 PM PDT by Blue Highway
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To: Rdct29

It’s $21.83 lb. for prime boneless ribeye at my local HEB.


35 posted on 06/26/2023 2:30:45 PM PDT by jy8z (Everything you think, do and say is from the pill you took today.)
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To: CFW

The cost of all those cattle dying in recent huge barn fires?


36 posted on 06/26/2023 2:32:33 PM PDT by LeoTDB69
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To: CFW

Very dry here in MO so the cattle farmers haven’t been able to cut much hay. On years like this, they’ll sell a lot of their cattle in the Fall since they won’t have the hay to feed come Winter.


37 posted on 06/26/2023 2:36:03 PM PDT by Pollard ( >>> The Great Rest is already underway! <<<)
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To: CFW

I still remember the stories from our older citizens on how FDR bought up millions of cattle and hogs, had them shot and buried. It was to get the price up as steak was the cheapest food available during the Depression of the 1930s.

And the Feds refused to give any of the shot beef to the starving public in that area. It had to be buried.
One old farmer warned the AG agent that it was a waste of food and “In ten years you will be back her begging for more beef!”

In Ten years that same Ag agent was begging those same farmers to increase beef production for the war effort.


38 posted on 06/26/2023 2:47:36 PM PDT by Ruy Dias de Bivar (“No man’s life, liberty, or property are safe while the legislature is in session.”)
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To: gnarledmaw

He finally - finally! - went 3 steps too far. Called someone’s wife a very bad name. I hope he’s doing better , wherever he is.


39 posted on 06/26/2023 2:51:53 PM PDT by CaptainPhilFan ( Bring back insane asylums)
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To: Augie

If your account is true and accurate, that’s a better anecdote than this anonymous blog full of meat packaging ads.

As I said, I’m sure we’re going to see worse, in my tin-foiliest hours I think our government is trying to set a Pogrom upon us.


40 posted on 06/26/2023 2:55:16 PM PDT by CaptainPhilFan ( Bring back insane asylums)
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