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Old 02-11-2003, 02:52 PM
Mr. Wizard
 
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Default Beef Prices

Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW




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Old 02-11-2003, 03:22 PM
Jack Schidt®
 
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Default Beef Prices


"Mr. Wizard" wrote in message
...
Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW



Thanks for the heads up. IIRC, this is due to the serious drought
conditions in 'ranch-land' last year.

Jack Tooter


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Old 02-11-2003, 03:51 PM
Bob Westcott
 
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Default Beef Prices

Its more due to the lack of imported beef from Canada. The USA has never
produced enough beef on its own and with the BSE scare, the USA agribusiness
consortiums have done a great job on getting the border closed and getting
prices pushed up. Of course, the people that actually raise the animals
won't see any of the extra money, but the middle men (IBP,etc) are loving
it.

Bob - eating Alberta beef and loving every bite.... and just received a side
@ 1.59/lb Canadian.....



"Jack Schidt®" wrote in message
. com...

"Mr. Wizard" wrote in message
...
Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW



Thanks for the heads up. IIRC, this is due to the serious drought
conditions in 'ranch-land' last year.

Jack Tooter




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Old 02-11-2003, 03:52 PM
Gerald I. evenden
 
Posts: n/a
Default Beef Prices

The best idea is don't buy beef. Eat more poultry, pork,
lamb (or mutton), farm raised fish.

Or be a vegie.

Mr. Wizard wrote:

Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW


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Old 02-11-2003, 04:12 PM
Fudge
 
Posts: n/a
Default Beef Prices

And in Canada, beef is priced high as usual even though farmers are
getting next to nothing for beef animals. Some farmers are shooting newborn
calfs and throwing them in the manure pile. So much for "Supply Management".

Farmer John




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Old 02-11-2003, 05:32 PM
Reg
 
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Default Beef Prices

Jack Schidt® wrote:

Thanks for the heads up. IIRC, this is due to the serious drought
conditions in 'ranch-land' last year.


On the bright side, it looks like the US will start easing import
restrictions on Canadian beef early next year. This should help
ease the shortage somewhat and help bring prices back down.

Fingers crossed.

--
Reg email: RegForte (at) (that free MS email service) (dot) com

  #7 (permalink)   Report Post  
Old 02-11-2003, 05:55 PM
Bob Pastorio
 
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Default Beef Prices

Mr. Wizard wrote:

Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.


Beef producers around here in the Shenandoah Valley of Virginia are
happy about the prices they're getting. They're seeing nearly double
what they got last year this time. They attribute it to the US not
importing Canadian beef because of the BSE scare. One ag type in a
radio interview on the station my program is on said they were
expecting a 2 billion pound shortfall. Billion?

Ironically, the BSE business has prompted increased US beef exports to
countries that don't want even the hint of BSE-tainted meat.

Looks like pork, chicken and lamb will be the featured dinner specials
at Chez Pastorio for the foreseeable future. Lots of veggies, too. Go
to the peasant approach where beef is a flavoring agent rather than
center plate item.

Steak houses are going to have a tough time of it (no pun intended)
with these prices. Betcha we see a burst of menu creativity coming up.

Pastorio

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Old 03-11-2003, 12:13 AM
SportKite1
 
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Default Beef Prices

From: "Mr. Wizard"

Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.


Hmmm...and I naively believed the Beef prices were going up due to the
popularity of the Atkins Diet.

Hmmm...wonder how the potato, wheat and rice markets are fairing.

Ellen


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Old 03-11-2003, 04:07 AM
alzelt
 
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Default Beef Prices



Jack Schidt® wrote:

"Mr. Wizard" wrote in message
...

Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW




Thanks for the heads up. IIRC, this is due to the serious drought
conditions in 'ranch-land' last year.

Jack Tooter


Not to mention a case of MC from Alberta that freaked out North America.
--
Alan

"If you reject the food, ignore the customs, fear the religion, and
avoid the people, you might better stay home."
--James Michener

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Old 03-11-2003, 09:32 AM
Jack Schidt®
 
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Default Beef Prices


"alzelt" wrote in message
...


Not to mention a case of MC from Alberta that freaked out North America.
--


Wasn't he installed as president?

Jack Shrubbery


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Old 03-11-2003, 02:30 PM
Hoges in WA
 
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Default Beef Prices


..
"Bob Westcott" wrote in message
news:[email protected]
Its more due to the lack of imported beef from Canada. The USA has never
produced enough beef on its own and with the BSE scare, the USA

agribusiness
consortiums have done a great job on getting the border closed and getting
prices pushed up. Of course, the people that actually raise the animals
won't see any of the extra money, but the middle men (IBP,etc) are loving
it.

Bob - eating Alberta beef and loving every bite.... and just received a

side
@ 1.59/lb Canadian.....


Just got a side on Saturday. 102kg = 224lb @ $AUD5.20 = $US3.60. Don't
know the exchange rate for Canada.

Hoges in WA
Remove the zeds




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Old 03-11-2003, 02:53 PM
Tim Challenger
 
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Default Beef Prices

On Sun, 02 Nov 2003 12:55:25 -0500, Bob Pastorio wrote:

Ironically, the BSE business has prompted increased US beef exports to
countries that don't want even the hint of BSE-tainted meat.


Unfortunately, what with the last prosecution of a US company "creatively
mixing" foodstuffs, it may not last.
(I can't find the article online that I read, otherwise I'd post a link)

But then again, as the US hardly does any BSE testing, it's unlikely to
find any.
http://www.newscientist.com/hottopic...sp?id=23970300

"we don't have it, so why should we look?"
--
Tim.

If the human brain were simple enough that we could understand it, we would
be so simple that we couldn't.
  #14 (permalink)   Report Post  
Old 03-11-2003, 02:54 PM
Bob Westcott
 
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Default Beef Prices

The side I picked up was 370lbs (170kg), aged 28 days and about $1.20
US/lb... and it is very nice beef......

Bob

"Hoges in WA" wrote in message
...

.
"Bob Westcott" wrote in message
news:[email protected]
Its more due to the lack of imported beef from Canada. The USA has

never
produced enough beef on its own and with the BSE scare, the USA

agribusiness
consortiums have done a great job on getting the border closed and

getting
prices pushed up. Of course, the people that actually raise the animals
won't see any of the extra money, but the middle men (IBP,etc) are

loving
it.

Bob - eating Alberta beef and loving every bite.... and just received a

side
@ 1.59/lb Canadian.....


Just got a side on Saturday. 102kg = 224lb @ $AUD5.20 = $US3.60. Don't
know the exchange rate for Canada.

Hoges in WA
Remove the zeds






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Old 03-11-2003, 06:31 PM
Foghorn
 
Posts: n/a
Default Beef Prices

In ,
Mr. Wizard typed:
Just in case you haven't noticed that beef
prices are rising, the wholesale prices quoted
to me Thursday for my November deliveries
are 30%-60% higher than the previous
record highs this summer. After the first of
the year they expect the prices to rise again.
Hamburger will probably go to $4-$5 a pound.
If anyone in your area is selling cheap roasts
steaks or briskets go stock up on them now
and fill your freezer.

MW



Important Consumer Information

Why are the beef prices so high right now?

Strong sales at supermarkets and restaurants this summer are a major reason that
prices are so high. As the economy recovers, consumers are dining out more.
Also, they are willing to treat themselves to more expensive menu items, such as
steaks, when they eat out or eat at home.
While strong consumer demand has helped push up beef prices, other factors have
also contributed.

In May, the United States banned imports of Canadian beef and cattle because of
a case of mad cow disease there. That ban caused a marginal reduction in the
beef supply here.

Top beef buyers Japan and South Korea, also banned Canadian beef and bought more
U.S. beef.

As a result, U.S. beef supplies became tight and prices went up. Wholesale beef
prices are again approaching record levels, after setting a record earlier this
summer.

Prices should be declining shortly, but high prices will prevail through the
holiday season and decline again early in 2004.





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