My family has a small cow calf operation. We and many others sold off producing animals at low prices during the drought because there wasn’t enough grass or hay or even water to sustain the herd. Of course prices were low. With better weather we are trying to rebuild our herd but it takes more than two years for a new heifer to produce a saleable calf. That is what is required for all ranchers to rebuild the national cattle herd that has fallen to the same size it was in the 1950s. — and did I mention inflation since then.
I think it's about time, when USA markets are evaluated, to consider the effect that illegal immigrants have on prices. Depending on who you ask, close to 10% of the population is here illegally. You KNOW that affects markets.
From what I read one reason the Japanese hadn't experienced food inflation like we did is they just stopped buying the expensive stuff. Americans whine about it but don't seem willing or able to curb their consuming habits to help quash rising prices.
For you West-Coasters - Remember the Carls Jr. "Six Dollar Burger" Ad Campaign - back when they were $3.95. Super Star with Cheese in CA around $12. Love them....but not a buyer. No-no-no. Costco Rib-Eye.
After reckoning prices in loonies for kilograms of beef, I fork over, at the Loblaw's, $25/lb USD for ribeye to $5/lb for lean ground and points in between.
But beef prices don't matter because they (along with ALL other food prices) AREN'T included in inflation calculations by the farcical BLS. The EXCUSE is that "food" prices are too "volatile" on a short-term basis. Now let's think real hard (with our thinkin' caps on) and see if we can come up up with any kind of "fix" for that oh-so-serious SHORT-TERM volatility difficulty.
Wait a minute.........
I know - let's use some kind of "rolling" AVERAGE - say 3 month or even 6 months!!!
Voila - short-term volatility SOLVED!!!
Oh - wait..... Here's a report from our Man-in-the-Field. Take it away Chad:
We here at the BLS can't do that.
Why not?
Well..... Actually..... - we don't want to include food prices in our so-called "inflation" calculations because that would show actual inflation is much higher than our Deep State Masters have ordered us to calculate and "report" it.
Oh...... I see now. So it's all part of the "CON"!
I pay $6.99/pound at the local meat market. That price has been stable for almost a year. But it is good tasting beef. It cooks well with not so much fat left over. No doubt that the recent lunacy in the ME will continue to cause disruptions to the food chain.
I see food prices continuing to escalate bit by bit. I will still eat beef, chicken and fish and some pork. Going all veggie? Not in this lifetime.
My family has a small cow calf operation. We and many others sold off producing animals at low prices during the drought because there wasn’t enough grass or hay or even water to sustain the herd. Of course prices were low. With better weather we are trying to rebuild our herd but it takes more than two years for a new heifer to produce a saleable calf. That is what is required for all ranchers to rebuild the national cattle herd that has fallen to the same size it was in the 1950s. — and did I mention inflation since then.
Thank you for providing beef! I wish you the very best as you rebuild your herd. We need beef!
I think it's about time, when USA markets are evaluated, to consider the effect that illegal immigrants have on prices. Depending on who you ask, close to 10% of the population is here illegally. You KNOW that affects markets.
You know I love the "Inconvenient Truths" you sprinkle into these conversations :)
I was recently in a new butcher in my town and turned around when I saw that ground beef was $18.99/lb! not clear to me who is buying that
From what I read one reason the Japanese hadn't experienced food inflation like we did is they just stopped buying the expensive stuff. Americans whine about it but don't seem willing or able to curb their consuming habits to help quash rising prices.
Somewhere on this planet...should be a monument devoted to the..Chicken. Like a serious monument.
Yeah I'm lucky I like chicken and pork!
Beyond meat
The last time I checked it was really expensive but that was three or four years ago.
Eat plastic...hip hip horray!
For you West-Coasters - Remember the Carls Jr. "Six Dollar Burger" Ad Campaign - back when they were $3.95. Super Star with Cheese in CA around $12. Love them....but not a buyer. No-no-no. Costco Rib-Eye.
After reckoning prices in loonies for kilograms of beef, I fork over, at the Loblaw's, $25/lb USD for ribeye to $5/lb for lean ground and points in between.
I grumble. I grumble some more. And then I pay.
But beef prices don't matter because they (along with ALL other food prices) AREN'T included in inflation calculations by the farcical BLS. The EXCUSE is that "food" prices are too "volatile" on a short-term basis. Now let's think real hard (with our thinkin' caps on) and see if we can come up up with any kind of "fix" for that oh-so-serious SHORT-TERM volatility difficulty.
Wait a minute.........
I know - let's use some kind of "rolling" AVERAGE - say 3 month or even 6 months!!!
Voila - short-term volatility SOLVED!!!
Oh - wait..... Here's a report from our Man-in-the-Field. Take it away Chad:
We here at the BLS can't do that.
Why not?
Well..... Actually..... - we don't want to include food prices in our so-called "inflation" calculations because that would show actual inflation is much higher than our Deep State Masters have ordered us to calculate and "report" it.
Oh...... I see now. So it's all part of the "CON"!
Now you get it!
They need to remove SNAP dollars from buying beef. I need beef tenderloin not be $50 / lbs.
Sounds like BYND is a buying opportunity
Is it time to become a tofu nibbler?
If you want to grow tits.
I pay $6.99/pound at the local meat market. That price has been stable for almost a year. But it is good tasting beef. It cooks well with not so much fat left over. No doubt that the recent lunacy in the ME will continue to cause disruptions to the food chain.
I see food prices continuing to escalate bit by bit. I will still eat beef, chicken and fish and some pork. Going all veggie? Not in this lifetime.