Market forces will keep this from happening.
There are so many low-cost alternatives that the alternatives might trend up a bit but the beef market will have to adjust.
Think Starbucks, Duncan and MacDonald’s when we went through some high priced coffee years — not much of an impact on the retail prices.
Bingo, you nailed it.
“Market forces will keep this from happening.
There are so many low-cost alternatives that the alternatives might trend up a bit but the beef market will have to adjust.
Think Starbucks, Duncan and MacDonald’s when we went through some high priced coffee years — not much of an impact on the retail prices.”
Eat more pork, chicken, lamb and ? if the price is below the beef price. That will put a lot pain into the beef shortage leverage elfs as they try to make the prices go up.
When you see the pork, chicken, lamb and whatever on sale, buy it in quantity and freeze it.
In the meantime convert more liberals into vegans, to lower the demand for any meat. That will leave more at a lower price for the omnivours, that’s us.
Yep.
Already happening.
Beef market takes about a year to reflect changes. Pork market takes about 3 months and chicken less than that. A little less than a year from now beef prices will be low (relative to the value of the dollar). Somehow, people will survive.
“Market forces will keep this from happening.
There are so many low-cost alternatives that the alternatives might trend up a bit but the beef market will have to adjust.
Think Starbucks, Duncan and MacDonald’s when we went through some high priced coffee years — not much of an impact on the retail prices.”
Right you are, and what they do is reduce the portions you get for the same dollar, you see it all over the supermarket, just look a yogurt, cereal. Milk is almost $4.00 a gallon...
I can remember buying new car for $1,950.00, now a riding mower can cost more then that.
A movie was $0.25 to get in, popcorn was also $0.25.
A dollar bill could buy you 4 gallons of gasoline, now a dollar bill gets you 1/4 a gallon and a silver dollar gets you about 8 gallons.