Author Topic: Whats with the beef?  (Read 851 times)

Offline Wolfala

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Whats with the beef?
« on: November 30, 2007, 01:52:27 PM »
Anyone notice that a New York steak went for about $7.99 a lb about 10 months ago, and now I can't find it for less then $14 per lb? Whats with that?

Wolf


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Offline C(Sea)Bass

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Whats with the beef?
« Reply #1 on: November 30, 2007, 01:53:53 PM »
Cows on strike?

Offline Bingolong

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Re: Whats with the beef?
« Reply #2 on: November 30, 2007, 01:57:33 PM »
Quote
Originally posted by Wolfala
Anyone notice that a New York steak went for about $7.99 a lb about 10 months ago, and now I can't find it for less then $14 per lb? Whats with that?

Wolf


Corn

Offline Holden McGroin

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Whats with the beef?
« Reply #3 on: November 30, 2007, 01:59:09 PM »
I just bought a bunch of Buffalo... grass fed locally, cheaper, leaner and I think better  than commercial beef.
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Offline expat

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Whats with the beef?
« Reply #4 on: November 30, 2007, 02:18:45 PM »
the cow union is demanding better pay and conditions, medical benifits being one of them  
Cant blame em i get $2500 per limb...:)
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Offline Maverick

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Whats with the beef?
« Reply #5 on: November 30, 2007, 02:25:05 PM »
Cattle auctions in AZ. are seeing fewer head of cattle for sale. The ranchers aren't allowing the herds to grow. Feed and fuel costs are hurting their bottom line.

The corn issue is going to raise prices on anything even remotely related to corn. That happens to be quite a few items. The ethanol craze is having quite an effect on the economy. Until they stop using a food item to make it it will only get worse.
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Offline Max

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Re: Whats with the beef?
« Reply #6 on: November 30, 2007, 02:27:56 PM »
Quote
Originally posted by Wolfala
Anyone notice that a New York steak went for about $7.99 a lb about 10 months ago, and now I can't find it for less then $14 per lb? Whats with that?

Wolf


3 primary reasons:

Holiday demand

Grain costs

Fuel prices

http://www.rfsdelivers.com/MarketReports/pdfview.aspx?ID=1&Date=November+21%2c+2007
« Last Edit: November 30, 2007, 02:39:18 PM by Max »

Offline acfireguy26

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Whats with the beef?
« Reply #7 on: November 30, 2007, 03:38:10 PM »
Double whamy. Increase in fuel costs and increase in feed costs=you get screwed at the checkout.

Offline Charon

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Whats with the beef?
« Reply #8 on: November 30, 2007, 04:11:07 PM »
Quote
The corn issue is going to raise prices on anything even remotely related to corn. That happens to be quite a few items. The ethanol craze is having quite an effect on the economy. Until they stop using a food item to make it it will only get worse.


What's odd, is that corn prices are far out in front of what should be typical supply and demand forces (just like $100 bbl crude). There are indications that while natural market forces are at work, the reactions are extreme leading to an increased call to look at the role speculators are playing.

BTW, there is so much ethanol in the market prices tanked to where it was (might still be) cheaper per wholesale gallon compared to gasoline (which is also very expensive now, of course).

Charon

Offline Eagler

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Re: Whats with the beef?
« Reply #9 on: November 30, 2007, 04:11:22 PM »
Quote
Originally posted by Wolfala
Anyone notice that a New York steak went for about $7.99 a lb about 10 months ago, and now I can't find it for less then $14 per lb? Whats with that?

Wolf


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Offline Jackal1

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Whats with the beef?
« Reply #10 on: November 30, 2007, 04:41:32 PM »
Quote
Originally posted by Holden McGroin
I just bought a bunch of Buffalo... grass fed locally, cheaper, leaner and I think better  than commercial beef.


Great eating. Good for us cholesterol magnets also. :)
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Offline AquaShrimp

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Whats with the beef?
« Reply #11 on: November 30, 2007, 05:37:20 PM »
The problem with cows, is that they do not efficiently metabolize grass.  Yes, they *can* eat grass, but usually as a last resort.  Other plants make them grow much faster and fatter, like alfalfa (a high protein clover) and of course corn.  Cows that are grass-fed have very tough meat with very little (or no) marbling.

Buffalo on the other hand can eat and metabolize grass very well.  But the downside is that buffalo take seven years to become fully grown.  I believe a cow takes about 18 months.  Buffalo also have a much higher amount of omega-3 fatty acids than cows, due to their diet of grasses rather than grains.

Offline Jackal1

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Whats with the beef?
« Reply #12 on: December 01, 2007, 11:17:02 AM »
Quote
Originally posted by AquaShrimp
 Yes, they *can* eat grass, but usually as a last resort.  


:rofl
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Democracy is two wolves deciding on what to eat. Freedom is a well armed sheep protesting the vote.
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Offline SirLoin

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Whats with the beef?
« Reply #13 on: December 01, 2007, 11:40:41 AM »
:noid
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Offline Maverick

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Whats with the beef?
« Reply #14 on: December 01, 2007, 12:20:24 PM »
Shrimp,

Cattle can't efficiently metabolize grass?!?!?!?!

:rofl :rofl :rofl :rofl :rofl :rolleyes:
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