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Beef prices hit all-time high in U.S.
latimes.com ^ | April 8, 2014 | David Pierson and Tiffany Hsu

Posted on 04/09/2014 3:42:47 AM PDT by ilovesarah2012

Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock. Beef prices have reached all-time highs in the U.S. and aren't expected to come down any time soon. Extreme weather has thinned the nation's beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America. "We've seen strong prices before but nothing this extreme," said Dennis Smith, a commodities broker for Archer Financial Services in Chicago. "This is really new territory." The retail value of "all-fresh" USDA choice-grade beef jumped to a record $5.28 a pound in February, up from $4.91 the same time a year ago. The same grade of beef cost $3.97 as recently as 2008. The swelling prices are roiling the beef supply chain from rancher to restaurant.

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


TOPICS: Business/Economy
KEYWORDS: beef; foodprices
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Anyone who grocery shops knows this. And it isn't just beef - all food items have gone up and keep going up. Of course, there is no inflation.
1 posted on 04/09/2014 3:42:47 AM PDT by ilovesarah2012
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To: ilovesarah2012

Add to this the coming shortage of pork and pork products, due to a virus not previously extant in this country, that kills baby piglets, thus decreasing the availability of those sides of pork six months to a year from now.

As of now, there is very little the pork producers can do to contain or stop this virus infection. Even as prolific as swine are, the births cannot keep up with the devastating loss in numbers until this virus is controlled in some way.

There is a way out.

Soylent Green.


2 posted on 04/09/2014 3:51:10 AM PDT by alloysteel (Selective and willful ignorance spells doom, to both victim and perpetrator - mostly the perp.)
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To: alloysteel

I didn’t know about the pork virus. I can do without beef but I love pork.


3 posted on 04/09/2014 3:53:00 AM PDT by ilovesarah2012
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To: ilovesarah2012
All the more reason to have venison on the grill......


4 posted on 04/09/2014 3:54:04 AM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: ilovesarah2012

The American standard of living continues to decline.


5 posted on 04/09/2014 3:56:44 AM PDT by Monmouth78
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To: ilovesarah2012

And the package size drops as well.


6 posted on 04/09/2014 4:04:45 AM PDT by mabarker1 (Please, Somebody Impeach the kenyan!!!!)
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To: ilovesarah2012

“And it isn’t just beef - all food items have gone up and keep going up. Of course, there is no inflation.”

That’s right. It was frightening that unemployment and inflation didn’t cost Obama the 2012 election; these were things that effect everyone (including welfare queens), and he won anyway.


7 posted on 04/09/2014 4:09:57 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Daffynition; SgtBob; Chode
From the right angle that could be a 2fer head shot!

But I'll bet Mr. Ranger would be PISSED!


8 posted on 04/09/2014 4:09:59 AM PDT by mabarker1 (Please, Somebody Impeach the kenyan!!!!)
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To: Monmouth78

Before you know it, we’ll be eating squirrel and possum again.


9 posted on 04/09/2014 4:12:16 AM PDT by ilovesarah2012
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To: ilovesarah2012

It is now almost as cheap to eat out every meal than buy food, cook and clean up afterwards. I can go out to eat every meal and spend less than $25/day. If I go to the store every week I spend almost that same amount.


10 posted on 04/09/2014 4:28:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: ilovesarah2012

All I can afford is cube steak, and it’s gone up.


11 posted on 04/09/2014 4:29:05 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: ilovesarah2012; Daffynition; RKBA Democrat; Diana in Wisconsin

The Currency of the future will be chicken eggs and tubes of Neosporin.


12 posted on 04/09/2014 4:30:42 AM PDT by KC_Lion (Build the America you want to live in at your address, and keep looking up.- Sarah Palin)
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To: central_va

That sounds to me like low-end dining out and high-end grocery shopping. My guess is that ultra-convenience is the common denominator.


13 posted on 04/09/2014 4:31:48 AM PDT by 9YearLurker
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To: ilovesarah2012

If you can grab it quickly enough, there is plenty of road kill out there....


14 posted on 04/09/2014 4:32:00 AM PDT by alloysteel (Selective and willful ignorance spells doom, to both victim and perpetrator - mostly the perp.)
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To: Dr. Bogus Pachysandra

We just buy what’s on sale. I wonder if prices would be as high if there were no food stamps?


15 posted on 04/09/2014 4:34:31 AM PDT by ilovesarah2012
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To: ilovesarah2012


16 posted on 04/09/2014 4:37:35 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: kearnyirish2
"That’s right. It was frightening that unemployment and inflation didn’t cost Obama the 2012 election."

The obumer won the election because of voter fraud...plain and simple... I absolutely refuse to believe the American people are that stupid...

17 posted on 04/09/2014 4:39:04 AM PDT by unread (Rescind the 17th. Amendment...bring the power BACK to the states...!)
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To: 9YearLurker

If it takes 1 hour a day to shop, cook and clean up then that has to be factored into the calculation. Your time has value.


18 posted on 04/09/2014 4:41:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: kearnyirish2

It really is amazing that we have a White House pushing obesity and food desert ideology, but no one can afford to eat decent food. As long as a person can eat off the McDonald’s menu for under $5 per day, why pay huge prices for the government’s centrally controlled, subsidized beef, pork, or chicken?

Seriously though, prices are through the roof for groceries. I recently started “juicing” as a way to improve my consumption of more vegetables and fruits. Juicing just the daily normal allotment of “fresh” fruits and veggies runs over $60 in my grocery cart per week. And that’s just for me, not a family of 4 or 5.

The liberals famous “food desert” is happening in middle America too as no one can afford real food. Beef shortage and pork shortage is going to be a famine for many who can’t afford to pay for their meat. The only one’s who will be buying it are the folks with EBT cards.

We see it now as we stand in line to check-out. The full grocery cart with steaks, lobster, and junk food all paid for with our tax dollars...while we buy low-end quality products. We are already seeing ‘welfare queens’ being taken better care of than those who are forced to donate to the government charity system and centralized subsidized farmers.


19 posted on 04/09/2014 4:46:35 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: mabarker1
ya got that right...


20 posted on 04/09/2014 4:50:46 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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