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What's up with the price of Beef/food in gen?

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What's up with the price of Beef/food in gen?

Old 11-08-2011, 04:50 PM
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Default What's up with the price of Beef/food in gen?

I shop for food once a week and always buy cheaper cuts of meat unless steaks are on sale "T-Bone $5.99" etc. But chopped meat use to be in the $2.79 per lb range now it's at or over $4.00.

Pork shoulder was 2-3 months ago .99 per Lb. now it's $1.99.

Are they even saying theres a reason for this or are they just insulting us like back in the 70's with coffee prices followed by gas, sugar, paper bags, etc...
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Old 11-08-2011, 04:52 PM
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Its called printing money. You ain't seen nothing yet!
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Old 11-08-2011, 05:02 PM
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They making gasoline out of corn!
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Old 11-08-2011, 05:03 PM
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Yet inflation is still next to nothing!
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Old 11-08-2011, 05:07 PM
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I paid 22.00 bucks for 2 filets last week WTF
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Old 11-08-2011, 06:35 PM
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corn prices. livestock is fed corn. corn prices are high. price of beef/chicken/pork goes up.
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Old 11-08-2011, 07:54 PM
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Originally Posted by 08087 View Post
Yet inflation is still next to nothing!
Core inflation is a measure of inflation which excludes certain items that face volatile price movements, notably food and energy.

Because none of us have to buy Food OR Energy on a regular basis is probably why they leave it out! Makes sense to me.
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Old 11-08-2011, 08:02 PM
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This weekend I picked up 8 rib eye steaks 5.99lbs from Hi Neighbor and let me tell you they held some serious water. I bbq them 500 degree 3 min on each side then placed them in cantainer after they cooled they had a huge puddle of waterblood mix. How exactly do they inject water in this meat to get the weight up?
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Old 11-08-2011, 09:00 PM
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The major thing keeping housing down as a statistic is the housing market collapse.
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Old 11-08-2011, 09:23 PM
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Although food IS certainly up in price, there is a lot of competition for your $'s.

Example: The Kroger "10 for $10" stuff.

We have 3 major grocery chains within 3mi. + a Wal-Mart and a Target. Helps keep them ALL in line with prices, I think?

You've just got to shop around - week to week - and take advantage of the places close by that compete with each other without running around (and burning a lot of EXTRA gas!) to "get the best deal".

Some "store brands" are edible - just have to give 'em a try. Kroger don't make green peas and Wal-Mart don't make pineapple slices.

I'm not a cupon freak, but the newspaper certainly has enough info on prices to get the best bang for your buck.

Regards,
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Old 11-09-2011, 05:57 AM
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Originally Posted by bjm9818 View Post
Core inflation is a measure of inflation which excludes certain items that face volatile price movements, notably food and energy.

Because none of us have to buy Food OR Energy on a regular basis is probably why they leave it out! Makes sense to me.


Exactly, how could there be inflation if the price of TV's, refrigerators, and other durable goods that we buy every ten years or so is stable? To quote Mike Tyson, "it would be ludachwis" to actually base inflation on things bought weekly.

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Old 11-09-2011, 06:12 AM
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Originally Posted by Boataholic View Post
corn prices. livestock is fed corn. corn prices are high. price of beef/chicken/pork goes up.
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Old 11-09-2011, 06:29 AM
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We buy organic, grass fed beef and pork. Half a cow or a whole pig at a time, and its $6.00 a lb processed. Great flavor with out all the crap. Sure the beef is tougher, but its a whole lot healthier. If you can find a farm that sells meat maybe the price would be similiar...
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Old 11-09-2011, 07:06 AM
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FWIW, food prices are *generally* at an all time low. 50-60 years ago food cost about 1/3 an average household income.
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Old 11-09-2011, 07:18 AM
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Don't know how long ya'll been under that rock but there is an EXTREME drought going on in the S/W part of this nation. No water, No feed, No cows, No cheap beef...or anything else that likes a little water now and then which would be just about everything...

.
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Old 11-09-2011, 07:21 AM
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Don't know about beef but I heard on the radio news yesterday that pork is up 30% over the last year!!!
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Old 11-09-2011, 07:31 AM
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Corn production was big time down this year, therefore anything and everything associated to corn will go up. IMO right now prices are based off of speculation, but once the final numbers of yeild is in the prices will probably go up again.

Originally Posted by alligatorgar View Post
How exactly do they inject water in this meat to get the weight up?
Syringes......machines with rows and rows of syringes injecting water and or other chemicals. In this industrious world we live in it is just to easy to do!
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Old 11-09-2011, 07:33 AM
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What I've noticed at my local Safeway is that prices are up, but they're constantly having some meat on "50% off now" sale, so I think they're jacking the prices up 2x, hoping someone NEEDS that T-Bone today and is willing to pay, and if not, they mark it down to the normal retail price at the end of the week. I always buy discounted meat and load up the freezer. Those $20/each racks of ribs you can get for $5/each when they go on sale.
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Old 11-09-2011, 08:21 AM
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There are ways of saving money on food these days with coupons and BOGO, but in general, food prices are way up compared with the rest of what consumers buy....mostly transportation and production costs...we spend on just the 2 of us what we used to spend on 5 of us not too many years ago...that with increasing gas prices, our standard of living has consistently dropped in the last 4 years
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Old 11-09-2011, 08:29 AM
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CPI....

FOOD AND BEVERAGES (breakfast cereal, milk, coffee, chicken, wine, full service meals, snacks)
HOUSING (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture)
APPAREL (men's shirts and sweaters, women's dresses, jewelry)
TRANSPORTATION (new vehicles, airline fares, gasoline, motor vehicle insurance)
MEDICAL CARE (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services)
RECREATION (televisions, toys, pets and pet products, sports equipment, admissions);
EDUCATION AND COMMUNICATION (college tuition, postage, telephone services, computer software and accessories);
OTHER GOODS AND SERVICES (tobacco and smoking products, haircuts and other personal services, funeral expenses).
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