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Price of Ground Beef Hits All-Time High

 
Wack Arnold
User ID: 17942575
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09/18/2014 09:35 AM
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Price of Ground Beef Hits All-Time High
Although the overall Consumer Price Index dropped by 0.2 percent in August, the price index for food rose 0.2 percent, with the average price for a pound of ground beef rising to $4.013 per pound–the first time it has ever topped $4 per pound.



I usually buy local beef which doesn't seem to see the same price fluctuations, but I think this is one of those good-ol-fashioned economic indicators just like the price of a gallon of gas. Although in reality, probably more accurate as the price isn't quite as dependent on futures markets or Bear-Stearns types


[link to www.thewestwire.com]
Anonymous Coward (OP)
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09/18/2014 09:35 AM
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Re: Price of Ground Beef Hits All-Time High
bump
EndTheFed

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09/18/2014 09:47 AM
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Re: Price of Ground Beef Hits All-Time High
went to the groceries yesterady and did notice an increase in ground beef product.

it's about $6.50/lb for the package and we were like uhhh no.
Anonymous Coward
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Canada
09/18/2014 09:48 AM
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Re: Price of Ground Beef Hits All-Time High
I don't even buy meat from the grocery store anymore. My butcher has way better quality/fresher meats and the prices seem way better.
Anonymous Coward
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09/18/2014 09:48 AM
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Re: Price of Ground Beef Hits All-Time High
Yet the prices of steak and other cuts of beef have stayed the same...what kind of game is that???
Anonymous Coward
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09/18/2014 09:49 AM
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Re: Price of Ground Beef Hits All-Time High
went to the groceries yesterady and did notice an increase in ground beef product.

it's about $6.50/lb for the package and we were like uhhh no.
 Quoting: EndTheFed


Ya tell me about it. The wife wanted to make a lasagna and itsead of running across town to the butcher, I went to the grocery store, 16.88 for aronud 2 pounds... FKn insane.. It didn't even look that fresh
Anonymous Coward
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09/18/2014 10:05 AM
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Re: Price of Ground Beef Hits All-Time High
shouldn't affect big mac prices...
way2wyrd

User ID: 62542859
United Kingdom
09/18/2014 10:08 AM
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Re: Price of Ground Beef Hits All-Time High
went to the groceries yesterady and did notice an increase in ground beef product.

it's about $6.50/lb for the package and we were like uhhh no.
 Quoting: EndTheFed


Ya tell me about it. The wife wanted to make a lasagna and itsead of running across town to the butcher, I went to the grocery store, 16.88 for aronud 2 pounds... FKn insane.. It didn't even look that fresh
 Quoting: Anonymous Coward 56438175


Waitrose store in the uk charging £9.00 for a fucking half kilo.
wtf
TastyThoughts

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09/18/2014 10:08 AM
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Re: Price of Ground Beef Hits All-Time High
Just to be clear....
Those are the ones with no legs, no hoofs.

Last Edited by TastyThoughts on 09/18/2014 11:23 AM
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Anonymous Coward
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09/18/2014 10:12 AM
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Re: Price of Ground Beef Hits All-Time High
Meanwhile the lame stream media was posting stories yesterday about how costs will be dropping soon for consumers. They have to cover for their buds at the DNC!!

eyeroll2
Anonymous Coward
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09/18/2014 10:16 AM
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Re: Price of Ground Beef Hits All-Time High
$5.13 a pound (1.07)

Aldi, WI

(good beef though)


Taco's tonight!
EndTheFed

User ID: 6778399
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09/18/2014 10:21 AM
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Re: Price of Ground Beef Hits All-Time High
shouldn't affect big mac prices...
 Quoting: Anonymous Coward 2226485


HAHAHAHA!

That's cause it ain't even beef!
Anonymous Coward
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09/18/2014 10:22 AM
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Re: Price of Ground Beef Hits All-Time High
hamburger the new delmonico steaks
Anonymous Coward
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09/18/2014 10:24 AM
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Re: Price of Ground Beef Hits All-Time High
beef is diseased with mad cow and should be avoided
Anonymous Coward
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09/18/2014 10:25 AM
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Re: Price of Ground Beef Hits All-Time High
I quit buy ground beef and get steaks or roasts now. the dollar extra goes farther.
ICELANDIC NLI
User ID: 47407291
Malta
09/18/2014 10:27 AM
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Re: Price of Ground Beef Hits All-Time High
POSTED EARLIER THIS YEAR: Thread: Vince Finelli STATED Today That This Winter's SEVERE COLD Is Killing HUGE Numbers Of Cattle! - WILL Cause Price of Beef To Rise Exponentially!

Just want to say OP is on the money.

5* and pine request.

:iceland:
ceawaves

User ID: 23810633
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09/18/2014 10:30 AM
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Re: Price of Ground Beef Hits All-Time High
NO kidding, bought some last night.. made four thin hamburgers.. one pound cost 6.19.. so i don't know what McDonald is serving up, but it sure ain't ground round!...
Anonymous Coward
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09/18/2014 10:40 AM
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Re: Price of Ground Beef Hits All-Time High
that means I have about 30.00 dollars worth dangling between my legs usda choice filet, whatcha say ladies, who,s hungry????ohyeahluvya
wlmgsmn

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09/18/2014 10:43 AM
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Re: Price of Ground Beef Hits All-Time High
Our food situation is not good. Beef is way to high. Chicken prices are also rising let alone every other food product in the store. We started fishing the lakes and rivers, stocking up for winter. We are legal hunters. With 2 adults hunting our limits if we make our limits (deer and elk) we wont have to buy meat from the market. O and october starts bird season so add bird to our menu. Desperate times call for desperate measures.
Anonymous Coward
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09/18/2014 10:44 AM
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Re: Price of Ground Beef Hits All-Time High
Targeting of the lower and middle class nothing more.Hamburger used to be the cheapest meat you could get now it's damn near worse than a t bone steak.
CanadaIn NIC

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09/18/2014 10:46 AM
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Re: Price of Ground Beef Hits All-Time High
that means I have about 30.00 dollars worth dangling between my legs usda choice filet, whatcha say ladies, who,s hungry????ohyeahluvya
 Quoting: Anonymous Coward 62978215


You have a 5 pound dick? I feel sorry for ya brah.... :p
"Carpe Diem"
ceawaves

User ID: 23810633
United States
09/18/2014 10:52 AM
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Re: Price of Ground Beef Hits All-Time High
Targeting of the lower and middle class nothing more.Hamburger used to be the cheapest meat you could get now it's damn near worse than a t bone steak.
 Quoting: Anonymous Coward 15292827


Yeah the people who actually have to pay for their food..
So I was in the wal mart plant department yesterday... saw a sign that said a person with EBT card could buy plants, herbs, fruit an nut trees with these cards.. how crazy is that??? takes fruit/nut trees about 10 years to ever start producing... like these people are going to produce or grow something... that right there proves it's a life time thing.. buying something that in ten year might have a apple on it.. while they're suppose to be hungry/in need right now.. and maybe in 10 years you could feed yourself.. some weird stuff..
Anonymous Coward
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09/18/2014 10:56 AM
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Re: Price of Ground Beef Hits All-Time High
They just need to add more ersatz or wood powder filler and drop the price point so Walmart shoppers are happy again. Most people don't give a shit about nutrition. They just want it cheap to mix into hamburger helper anyways. It could be 50 percent recycled used maxi pad fibers in that burger and if it was cheap enough they would love it.
Alpacalips

User ID: 57210108
United States
09/18/2014 10:58 AM

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Re: Price of Ground Beef Hits All-Time High
Yeah, I noticed that the price of beef doubled here since the beginning of Summer.
Anonymous Coward
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09/18/2014 11:03 AM
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Re: Price of Ground Beef Hits All-Time High
shouldn't affect big mac prices...
 Quoting: Anonymous Coward 2226485


They just add more sawdust
teen worker
User ID: 47407291
Malta
09/18/2014 11:05 AM
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Re: Price of Ground Beef Hits All-Time High
^ AND cockroaches...
Anonymous Coward
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09/18/2014 11:10 AM
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Re: Price of Ground Beef Hits All-Time High
Got Milk ?

Anonymous Coward
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09/18/2014 11:11 AM
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Re: Price of Ground Beef Hits All-Time High
that means I have about 30.00 dollars worth dangling between my legs usda choice filet, whatcha say ladies, who,s hungry????ohyeahluvya
 Quoting: Anonymous Coward 62978215


sick , all life worth to you? half the population roughly has dicks and balls. And most take no responsibility for the usage of such
teen worker
User ID: 47407291
Malta
09/18/2014 11:13 AM
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Re: Price of Ground Beef Hits All-Time High
No, but we've got plenty of cow blood & feaces if you wanna' try it out!

...Our use of white paint is ingeneous, by the way...
Ghetto Gourmet
User ID: 56154326
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09/18/2014 11:15 AM
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Re: Price of Ground Beef Hits All-Time High
I see shoplifted ground beef being sold in da 'hood now, it used to be just stolen steaks....
RSRory

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09/18/2014 11:15 AM
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Re: Price of Ground Beef Hits All-Time High
it got that high here before summer and has settled back down to 3.68 lb for 73% lean

85% is still above 4

those lucky enough that own a Cuisinart can look for cheaper or on sale cuts of chuck or round and grind it,
result is very lean, you not buying the fat.
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