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Price of Ground Beef Climbs to Another Record High
Cybercast News Service ^ | March 18, 2014 - 2:49 PM | Ali Meyer

Posted on 03/18/2014 8:47:09 PM PDT by Olog-hai

The seasonally adjusted price index for uncooked ground beef jumped 3.8 percent from January to February, as the average price for a pound of 100-percent ground chuck rose from approximately $3.59 in January to a new record high of $3.73 in February, according to data released today by the Bureau of Labor Statistics.

The BLS’s seasonally adjusted price index measures the relative change in the price of product from a baseline of 100. From January to February, the price index for uncooked ground beef rose from 248.864 to 258.323, its highest level ever. The 258.323 price index also indicates that the seasonally adjusted price for ground beef is almost twice what it was in January 2001 when the price index was 130.4. …

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


TOPICS: Business/Economy; Chit/Chat; Food; Miscellaneous
KEYWORDS: beef; bls; cpi; groundbeef; necessarilyskyrocket
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To: Tilted Irish Kilt

It may be time to start eating carp and gar again.


21 posted on 03/18/2014 11:24:19 PM PDT by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: Olog-hai

It’s a good thing useless things like food, energy, and gasoline are not included in inflation statistics. Otherwise it might appear the Obamarecovery is a myth.


22 posted on 03/19/2014 1:25:05 AM PDT by Organic Panic
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To: ansel12
I haven’t bought hamburger, or any beef, since sometime in early 2013, maybe longer.

Well, guess what...it costs more.

23 posted on 03/19/2014 2:39:57 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Tilted Irish Kilt

He was quoting a movie

“Where’s Beeks?”


24 posted on 03/19/2014 2:41:54 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Olog-hai

You better buy a wheel barrel ASAP or you won’t be able to afford one soon. You’ll need one to carry your devalued dollars to the store to buy your rations.


25 posted on 03/19/2014 4:00:14 AM PDT by outofsalt (If history teaches us anything it's that history rarely teaches us anything.)
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To: doc1019

There has been a perfect storm on cattle over the last year.
Exceptionally cold from the Texas Panhandle to the Canadian plains. Water restrictions in California. Drought in West Texas. California ranchers are selling parts or all of their herds to ranchers in Texas because of the lack of water.

But bammy gets all the wagu he wants.
It’s good to be the king.


26 posted on 03/19/2014 4:03:26 AM PDT by Texas resident
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To: Olog-hai; Kartographer

ping


27 posted on 03/19/2014 4:36:19 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith....)
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To: Tilted Irish Kilt; tiki; Mastador1

I’ve heard from several sources that there is radiation from Japan making its way across the ocean to the west coast.

That would have to be affecting the fishing, would it not?

What do we get from there?


28 posted on 03/19/2014 4:38:29 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith....)
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To: Tilted Irish Kilt

Chicken feet are full of collagen. Back when chickens were bought whole, plucked and headless from a butcher, the legs were skinned and then added to the soup to thicken it.

Most poor rural cultures utilize all the animal. Not sure at all about beaks and combs, though. I think I have seen some Asian recipes using combs. I know I have seen duck feet on Vietnamese menus.


29 posted on 03/19/2014 5:03:21 AM PDT by reformedliberal
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To: Olog-hai

Can’t be, there is no inflation /s


30 posted on 03/19/2014 5:06:05 AM PDT by VTenigma (The Democratic party is the party of the mathimatically challenged)
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To: Tilted Irish Kilt

You ever see “Trading Places”?


31 posted on 03/19/2014 5:43:50 AM PDT by onedoug
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To: VerySadAmerican
It may be time to start eating carp and gar again.

The way things are going it's going to be crap and garbage soon.

32 posted on 03/19/2014 5:51:44 AM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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To: Mastador1

I think this has more to do with last couple years drought in TExas and NM than CA.

It takes a while for breeding stock to get back to where it was.


33 posted on 03/19/2014 7:31:54 AM PDT by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: ansel12
I haven’t bought hamburger, or any beef, since sometime in early 2013, maybe longer.

We should all get used to TVP while it's cheap. Probably better for you than thecrap the USDA says is 'prime'.

34 posted on 03/19/2014 9:03:01 AM PDT by Bloody Sam Roberts (Do I really need ot use the sarcasm tag?)
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To: Tilted Irish Kilt
Clarence Beaks.

That's "Beaks".
Not "beaks".

35 posted on 03/19/2014 9:05:40 AM PDT by Bloody Sam Roberts (Do I really need ot use the sarcasm tag?)
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To: TigerClaws

He’s all hat and we’re all no cattle.


36 posted on 03/19/2014 9:11:40 AM PDT by TurboZamboni (Marx smelled bad and lived with his parents .)
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To: Bloody Sam Roberts

During the early 70s meat shortage, some stores experimented with ground meat, and flavors and grains, and at least one of them that I tasted was tasty.

I would love to see someone come up with a grains and beef, and beef flavor mix that was cheap but still usable.


37 posted on 03/19/2014 9:16:39 AM PDT by ansel12 ((Libertarianism offers the transitory concepts and dialogue to move from conservatism, to liberalism)
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To: TheThirdRuffian

Yes the drought and the cattle that died in the winter storms are part of it, but feed has been going up every year also and that has been increasing the cost of poultry on up also.


38 posted on 03/19/2014 9:19:21 AM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: Olog-hai

Thank God for the ground venison from my husband’s hunting.


39 posted on 03/19/2014 10:29:54 AM PDT by trillabodilla (For I am the LORD, I change not; Malachi 3:6a)
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To: doc1019

Also, in Texas and Oklahoma, many ranchers sold down their herds due to drought. That caused a short spike in supply to help prices, but now it is catching up.


40 posted on 03/19/2014 10:39:03 AM PDT by 5thGenTexan
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