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Seriously, hamburger is $6 per lb here. What are you paying and why is it so high? And that's just for regular hamburger. The lean stuff is even higher. And I haven't seen a package of hamburger in the bargain bin for ages.
I like pork and chicken but I really miss my beef. After combing through all the circulars I found a Thursday only sale on ground beef for $2.99/lb. Guess I will go and get some. Every now and then, I just NEED meatloaf!
Look around you at all the dry lakes and dry land. Ranchers are not able to keep their herds and it's costing a fortune to feed them. There was a show on the radio about this and they were saying we will see it go even higher for a while since there isn't enough supply till the dry spell in cow raising states is better. I wonder how worse it will get before it gets better. And some still say we don't have climate change.
Look around you at all the dry lakes and dry land. Ranchers are not able to keep their herds and it's costing a fortune to feed them. There was a show on the radio about this and they were saying we will see it go even higher for a while since there isn't enough supply till the dry spell in cow raising states is better. I wonder how worse it will get before it gets better. And some still say we don't have climate change.
Sorry, this doesn't jive at all. Do the herds that the ranchers can't afford to keep just disappear into thin air? No, when there's not enough feed to economically support the cattle population, production livestock is sent to slaughter along with the usual crop of beef calves. This would flood the market and should cause a short-term price decline followed by a price increase when the numbers stabilize and supply is reduced in relation to demand.
But this didn't happen. Yes, herds were trimmed during the 18-24 months of drought experienced in some cattle-producing parts of the country. The total US beef population is 3% less than it was in 2012. But we didn't see the price declines that should have occurred as a result of excessive shipping. Which tells me that the recent increase is just a market manipulation designed to make a few middlemen rich at the expense of the average beef consumer.
It will be interesting to see what the next year brings. Many Midwestern states saw record crop, hay, and forage yields this year, which means herds will be expanding and the beef supply should be on the increase which should lead to a decline in beef prices at the grocery store. I have a feeling we won't see that, though. By that time consumers will be used to paying the higher prices, so retailers won't see any need to drop their prices when their costs go down.
All of this is just speculation, of course, but I have no reason to believe my guess isn't as good as the next guy's. And I am involved in the cattle industry so this is based on some legitimate background information.
And climate change is nothing new. Our recent drought is far from the worst we've experienced since US cattle production took off following the Civil War.
Cattle ranchers on another forum have also said that a great number of cattle died in a freeze, so that helps raise prices. Freezes and drought cycles have existed since the earth was formed.
Cattle ranchers on another forum have also said that a great number of cattle died in a freeze, so that helps raise prices. Freezes and drought cycles have existed since the earth was formed.
You have not been to Texas lately.
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