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Beef prices going up????
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<blockquote data-quote="tikkalover" data-source="post: 474854" data-attributes="member: 600"><p>Seen today that at one of the sales barns in the state, they sold 560-pound calves for like $2500.00 a piece. </p><p></p><p>At that price why would a rancher want to feed them all winter to butcher weight and then sell them. </p><p></p><p>Good for the ranchers bad for the consumer. </p><p></p><p>I agree that it could be lack of employees, but my 2 guesses are that,</p><p></p><p>1. They are closing plants to keep inventories on the supermarket shelves low, to keep retail prices up.</p><p></p><p>2. With the prices where they are, the meat packers see the writing on the wall that consumers will stop or at least slow consumption of beef down, thus causing the retail prices to drop. See number 1.</p><p></p><p>The reason that poultry and pork prices are up in the stores is because people are buying those meats because beef is overpriced.</p></blockquote><p></p>
[QUOTE="tikkalover, post: 474854, member: 600"] Seen today that at one of the sales barns in the state, they sold 560-pound calves for like $2500.00 a piece. At that price why would a rancher want to feed them all winter to butcher weight and then sell them. Good for the ranchers bad for the consumer. I agree that it could be lack of employees, but my 2 guesses are that, 1. They are closing plants to keep inventories on the supermarket shelves low, to keep retail prices up. 2. With the prices where they are, the meat packers see the writing on the wall that consumers will stop or at least slow consumption of beef down, thus causing the retail prices to drop. See number 1. The reason that poultry and pork prices are up in the stores is because people are buying those meats because beef is overpriced. [/QUOTE]
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