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Beef prices expected to climb for next 2 years

 
Rachelle
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02/09/2012 02:22 PM
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Beef prices expected to climb for next 2 years
LUBBOCK, Texas (AP) - The smallest cattle herd since the 1950s likely will mean higher beef prices at the supermarket for the next two years.

Experts said beef prices could climb as much as 10 percent a year in 2012 and 2013, and the increase could be even greater if demand from other countries increases.

[link to www.kltv.com]
The next time I wake up there may no longer be anyone who remembers me...
Anonymous Coward
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02/09/2012 02:33 PM
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Re: Beef prices expected to climb for next 2 years
Invest in Beef Bullion now!

I bought a 100 1 oz beef coins yesterday.

Beef is the new silver!

5a
:silver:
Tawandaaaa

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02/09/2012 02:34 PM
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Re: Beef prices expected to climb for next 2 years
Ground beef already costs more per pound than chicken - never thought I'd see the day. Once upon a time, only poor people ate ground beef, which is why hamburger helper was invented.
Burt Gummer

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02/09/2012 02:35 PM

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Re: Beef prices expected to climb for next 2 years
Invest in Beef Bullion now!

I bought a 100 1 oz beef coins yesterday.

Beef is the new silver!

5a
silver
 Quoting: Anonymous Coward 1381155


You should be slapped on general principle. lol

hilbit
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02/09/2012 02:37 PM
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Re: Beef prices expected to climb for next 2 years
Ground beef already costs more per pound than chicken - never thought I'd see the day. Once upon a time, only poor people ate ground beef, which is why hamburger helper was invented.
 Quoting: Tawandaaaa


I couldn't believe it when I was at a Target last night. Five bucks a pound! HOLY Crap!

I thought it was bad in Canada - it's about $2.69 a pound though you can find it on sale sometimes for $1.99...
Anonymous Coward
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02/09/2012 02:38 PM
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Re: Beef prices expected to climb for next 2 years
Cutting back on eating beef for most will only make you healthier.
Anonymous Coward
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02/09/2012 02:38 PM
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Re: Beef prices expected to climb for next 2 years

Anonymous Coward
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02/09/2012 02:45 PM
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Re: Beef prices expected to climb for next 2 years
Time to go back to hunting...or just eat the veggies?
Anonymous Coward
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02/09/2012 02:46 PM
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Re: Beef prices expected to climb for next 2 years
Beef prices expected to climb for next 2 years ???

well yea... along with everything else !!!
Anonymous Coward
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02/09/2012 03:25 PM
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Re: Beef prices expected to climb for next 2 years
Invest in Beef Bullion now!

I bought a 100 1 oz beef coins yesterday.

Beef is the new silver!

5a
:silver:
 Quoting: Anonymous Coward 1381155


Invest in tube steak!
Anonymous Coward
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02/09/2012 03:30 PM
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Re: Beef prices expected to climb for next 2 years
I invested in beef bullion a few years ago on one of those GLP food run momentschucklewhatever and have currently been going through them (since we've tightened our belts) and they are hard as nails! Almost useless now the way I've been putting them in my soups. Maybe, I should dissolve them in boiling water first, if they will still dissolve.
Anonymous Coward
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02/09/2012 03:40 PM
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Re: Beef prices expected to climb for next 2 years
What the hell are you on about beef prices expected to climb in price for next 2 years, ????????? none of us will be here in 2 years you retard have you been asleep or on drugs withing the next few weeks and at most 12 weeks things on this planet will no longer be what it was, then you idiots will realize whats been going on for a few weeks right in front of your eyes and yet you idiots are on about beef prices sheeesh some people are born stupid. Are you ready for whats going to happen it's going to be your worse case nightmare when you will have too eat animal food.
Anonymous Coward
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02/09/2012 03:42 PM
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Re: Beef prices expected to climb for next 2 years
Ground beef already costs more per pound than chicken - never thought I'd see the day. Once upon a time, only poor people ate ground beef, which is why hamburger helper was invented.
 Quoting: Tawandaaaa


It was a conspiracy to raise the demand for beef. Now beef is expensive and only rich people eat real 'Hamburger Helper' everyone else has to pretend to eat hamburger helper by using generic or adding their own pasta and sauces to the TVP allotment for the day.....which is also a conspiracy because TVP is made from soy and soy will make you sterile and sick which will kill off all the poor people so the rich will be all thats left.

I think I am begining to see the real motive now......
abduct
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02/09/2012 03:45 PM
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Re: Beef prices expected to climb for next 2 years
only rich people eat real 'Hamburger Helper'
 Quoting: Anonymous Coward 3038600


norespect
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02/09/2012 03:48 PM
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Re: Beef prices expected to climb for next 2 years
As good a reason as any to cut out red meat
Anonymous Coward
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02/09/2012 03:54 PM
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Re: Beef prices expected to climb for next 2 years
I invested in beef bullion a few years ago on one of those GLP food run momentschucklewhatever and have currently been going through them (since we've tightened our belts) and they are hard as nails! Almost useless now the way I've been putting them in my soups. Maybe, I should dissolve them in boiling water first, if they will still dissolve.
 Quoting: D'Light


Break them with a hammer and then grind them back to powder in a mortar or a spice/coffee grinder.

Good Luck!!
Anonymous Coward
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Canada
02/09/2012 03:55 PM
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Re: Beef prices expected to climb for next 2 years
To da moon!
Anonymous Coward
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02/09/2012 03:57 PM
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Re: Beef prices expected to climb for next 2 years
only rich people eat real 'Hamburger Helper'
 Quoting: Anonymous Coward 3038600


norespect
 Quoting: Wonkish


chuckle

Of course, they don't know what it is because they are so rich they probably don't make their own food.
ANHEDONIC

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02/09/2012 04:03 PM

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Re: Beef prices expected to climb for next 2 years
Phew! Read the thread title too fast and thought you said the BEER prices were climbing! Crisis averted.

dasbier

"You will not be punished for your anger, you will be punished by your anger"
Epic Beard Guy
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02/09/2012 04:07 PM

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Re: Beef prices expected to climb for next 2 years
That's what happens when you have a socialist in the white house that wants to convert everyone into ganola crunchers. The answer is to grow your own beef. It's cheaper and you can finish it youself. If you grain it 2 or 3 months, instead of 2 weeks, you get a lot better meat.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward
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02/09/2012 04:11 PM
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Re: Beef prices expected to climb for next 2 years
ground beef is 4 bucks a pound a walfuckmart plus tax right now
Anonymous Coward
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02/09/2012 04:13 PM
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Re: Beef prices expected to climb for next 2 years
The report is optimistic............ only two years. Beef is going to stay high for a long time. The cattle herd is the smallest it has been since post WW II and it is not going to grow quickly because there are still people selling off their herds (for several reasons including age/retirement) and very few new people getting into it.

Ground beef is high because there are so many people in a financial bind eating it now instead of steak, etc. so ground is in high demand. The result has been that old boner cows and bulls are bringing a big dollar.

Anyhow, when I look at the bovines in my field it makes me smile............. and if things all go to hell they eat better than the metals. :)
Anonymous Coward
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02/09/2012 04:15 PM
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Re: Beef prices expected to climb for next 2 years
That's what happens when you have a socialist in the white house that wants to convert everyone into ganola crunchers.
 Quoting: Epic Beard Guy


You're not too bright, are you? If "the socialist" converted everyone into "granola crunchers" demand for beef (and thus the price of beef) would go down.
Anonymous Coward
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02/09/2012 04:42 PM
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Re: Beef prices expected to climb for next 2 years
besides beef look at fish...
next time food shopping look at the price of COD its 17.99 a pound
Anonymous Coward
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02/09/2012 04:45 PM
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Re: Beef prices expected to climb for next 2 years
whats wrong with hamburger helper?
Anonymous Coward
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02/09/2012 04:48 PM
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Re: Beef prices expected to climb for next 2 years
well, just stop eating flesh and save money! Not to mention your health. Beans are better for you and o so very cheap!
Useful Idiot
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02/09/2012 05:09 PM
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Re: Beef prices expected to climb for next 2 years
I have noticed better cuts of beef have not risen as much as hamburger. What surprised me today was how expensive hot dogs are. I could buy sirloin for the same price per pound as all beef franks.
Anonymous Coward
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02/09/2012 05:21 PM
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Re: Beef prices expected to climb for next 2 years
Not good! They want us to eat vegetables because they know it will kill us faster with the chemicals and GMO!!!
Anonymous Coward
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02/09/2012 05:25 PM
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Re: Beef prices expected to climb for next 2 years
Good thing I dont eat beef
Anonymous Coward
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02/09/2012 05:47 PM
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Re: Beef prices expected to climb for next 2 years
Who can afford to shop anymore? They're trying to thin the herd in more ways than one.
Anonymous Coward
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02/09/2012 05:56 PM
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Re: Beef prices expected to climb for next 2 years
April live cattle fell 0.60 cent to $1.2820 a pound; March feeder cattle fell 0.12 cent to $1.5515 a pound; while April lean hogs rose 0.70 cent to 89.65 cents a pound.

Updated: Thursday, February 9, 4:40 PM

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