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Old 08-10-2022, 03:24 PM
 
30,142 posts, read 11,770,405 times
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But don't worry inflation is down a little. Everything is fine. And we are talking $50 a pound for cheap ground beef.

Oklahoma Ranchers Predict Beef Will Rise To $50 Per Pound

If it cost $200 to feed and raise a cow in 2021 to a market value of $600, imagine what the value will have to be when 2022's herds hit the same market seeking the same profit margin. If it costs $400 to feed and raise that same cow, it'll need to fetch a finished price in a fair comparison because each farm and ranch in America is a small business that must profit to survive or cease to exist.Thanks to the unending economic symptoms of the pandemic and 2022's inflation double-punch, average beef prices are currently about twice what they were in 2019. Add in the deepening widespread drought, a shortage of hay and feed, skyrocketing prices, transport costs, and various other metrics, some Southwest Oklahoma beef producers suggest cheap ground beef could eventually top $50 per pound.
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Old 08-10-2022, 05:24 PM
 
Location: Sector 001
15,945 posts, read 12,278,566 times
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Nobody will buy beef at that price, so demand will collapse driving down the prices. If they really can't break even under that price, cattle farming will simply collapse. In any case, anybody can make a prediction about anything. They don't even have to be right 50% of the time to make bang buck as a reporter, publicist, or media personality. Their revenue comes from views and clicks. Look at Kramer. Look at all the conspiracy doom-porn peddled by both right and left wing publications. A broken clock can be wrong twice per day, but make a crap-ton of money selling fear. Heck, the mainstream media sells the public fear every day also. The covid pandemic was an excellent example.

My point: It's not going to happen. It will be okay. If it happens, I'll just eat something else that's cheaper. I've had more than my share of Ribeyes, T-Bones, and strip steaks this summer, charcoal grilled and finished with a propane torch to give them a nice sear. Some Lawry's seasoning salt and a bit of Worcestershire sauce is how I like em.
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Old 08-10-2022, 05:28 PM
 
Location: Ohio
1,885 posts, read 1,001,471 times
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Quote:
Originally Posted by sholomar View Post
Nobody will buy beef at that price, so demand will collapse driving down the prices. If they really can't break even under that price, cattle farming will simply collapse. In any case, anybody can make a prediction about anything. They don't even have to be right 50% of the time to make bang buck as a reporter, publicist, or media personality. Their revenue comes from views and clicks. Look at Kramer. Look at all the conspiracy doom-porn peddled by both right and left wing publications. A broken clock can be wrong twice per day, but make a crap-ton of money selling fear. Heck, the mainstream media sells the public fear every day also. The covid pandemic was an excellent example.

My point: It's not going to happen. It will be okay. If it happens, I'll just eat something else that's cheaper.
This post said all I have to say.
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Old 08-10-2022, 05:38 PM
 
Location: Stillwater, Oklahoma
30,976 posts, read 21,624,662 times
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Meat prices will go down first since many ranchers can't afford to keep their cattle and so are dumping them on the market for slaughter. Some cattle are raised in states east of the Mississippi where drought isn't widespread.

After recent stormy weather in parts of Oklahoma, the lawns are back to bright green, but may be too late for farm country.

Last edited by StillwaterTownie; 08-10-2022 at 05:49 PM..
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Old 08-10-2022, 05:40 PM
 
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It may be time to stop eating meat. It would be much better for the planet.
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Old 08-10-2022, 05:43 PM
 
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Why does beef continue to soar and poultry and pork are almost back to where they were pre-pandemic. And lamb from New Zealand is so affordable.
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Old 08-10-2022, 05:45 PM
 
Location: Kansas
25,940 posts, read 22,094,372 times
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Quote:
Originally Posted by HeyJude514 View Post
It may be time to stop eating meat. It would be much better for the planet.
Isn't that one of the liberal things, animal rights? Sadly, many of the animals are too expensive to own as pets, so they will disappear except for in zoos or sanctuaries. A better planet without animals? Sad. My uncles had dairy farms, and I lived in the largest hog county in MI growing up. I have already noticed that people can't afford to have horses, so we rarely see them in the fields. Be careful what you wish for.

I noticed for awhile now that the beef is marked down to move in the grocery stores in town. Whatever will the illegal aliens do that work with the beef in KS and other locations?
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Old 08-10-2022, 05:47 PM
 
45,676 posts, read 23,997,862 times
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Quote:
Originally Posted by AnywhereElse View Post
Isn't that one of the liberal things, animal rights? Sadly, many of the animals are too expensive to own as pets, so they will disappear except for in zoos or sanctuaries. A better planet without animals? Sad. My uncles had dairy farms, and I lived in the largest hog county in MI growing up. I have already noticed that people can't afford to have horses, so we rarely see them in the fields. Be careful what you wish for.

I noticed for awhile now that the beef is marked down to move in the grocery stores in town. Whatever will the illegal aliens do that work with the beef in KS and other locations?
Liberal or not. If fresh fish, poultry, pork, lamb is cheaper -- who needs beef.
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Old 08-10-2022, 05:48 PM
 
Location: When you take flak it means you are on target
7,646 posts, read 9,946,114 times
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Well, I got a pickup and a .308...

Is rustling still a hanging offense in the "no-bail" states?

Hey, I'm JOKING... probably.
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Old 08-10-2022, 05:51 PM
 
15,047 posts, read 8,868,945 times
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Quote:
Originally Posted by AnywhereElse View Post
Isn't that one of the liberal things, animal rights? Sadly, many of the animals are too expensive to own as pets, so they will disappear except for in zoos or sanctuaries. A better planet without animals? Sad. My uncles had dairy farms, and I lived in the largest hog county in MI growing up. I have already noticed that people can't afford to have horses, so we rarely see them in the fields. Be careful what you wish for.

I noticed for awhile now that the beef is marked down to move in the grocery stores in town. Whatever will the illegal aliens do that work with the beef in KS and other locations?
My grandfather had a dairy farm with hogs, too, so I did grow up around farm animals. And now, even though I live in that same farm country where his farm was, there is nary a dairy herd to be seen anymore. Not sure what that has to do with anything, though. The fact remains that the beef industry is incredibly destructive to the environment. So cutting back on the herds is a good idea.
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