Price of beef

john in la · Sep 24, 2016

While I got the phone hooked to the computer let me post this picture also.

I thought you guys said the price of beef is way down from where it was last year.
If so somebody needs to tell these retail store owners that the price is down.
If this is the future of beef prices I guess I will be eating a lot of chicken and pork and passing on the beef.
No way I am paying $8.50 for a 3/4 lb steak that I have to cook myself.

gene bender · Sep 24, 2016

No the prices havent fell in the store like it did on he farm but what else is new.

Tom in TN · Sep 24, 2016

I would imagine that we all have heard this expression at some time: "Farming is the only business that sells at wholesale, buys at retail, and pays the transportation both ways."

Tom in TN

dcarp · Sep 24, 2016

Looks more like $11.49 a lb to me & I wouldn't pay that either. Beef prices are kinda like gas now, price goes up in a heartbeat and takes years to go down.
If I could get 10% of that price for my calves I'd sell them all instead of just watching them eat my grass.

rd 2N in mo · Sep 24, 2016

THAT'S WHAT $15.00 MIN WAGE GETS YOU.

Gambles · Sep 24, 2016

I bought a full beef from my neighbor and had him take it to the locker August 31. I picked up the beef a week ago and put it all in my freezer. Hanging weight was 860 lbs. The total cost of buying the beef and having it processed came to $2.59/lb. As I see it, I am paying what it costs to get ground beef, but I got ground beef, steaks, roasts and all the other good cuts.

db4600 · Sep 24, 2016

That's probably because the cost of fuel is high, No, wait, that's not right. Ummm, maybe because the corn price is up, No, nutz, that's not it. I know! limited supply and high demand. That must be it. For your next head scratcher walk over to the dairy section and try to understand that when milk is off $8-10/100 from 2 years ago. Now $20 for a case of Busch I can stomach, but I do miss the 3/ $10 returnable Pfieffer's years.

Fordfarmer · Sep 24, 2016

Looks like you need to find a local producer and buy direct. Or raise your own.

We haven't sent any to market in years... they're all sold months before they go to the butcher shop.

Teakettle · Sep 24, 2016

OTOH, here in New England the supermarket has been selling filet mignon all summer for $9.99/pound and other cuts for $6-7. I can't recall seeing beef that cheap for a long time.

Veal and lamb are a very different matter, they're unconscionably expensive here these days.

Kent Petersen · Sep 24, 2016

Sam,s in Sioux Falls SD rib eyes $7.98 lb

Russ from MN · Sep 24, 2016

Engine oil is the same way, but at least Mobil has some big rebates now, bought a 5 quart jug of Mobil 1 for about $11 net cost recently.

Philip d · Sep 24, 2016

That's super cheap,AAA at the beef plant is $2.25 on the hook in these parts. In the spring it was bringing $3.25. I know guys that paid $1800 for feeders than fed them for a year and will be lucky to even get $1800 back out of them. They were told that prices would remain strong for the next 10 years,many expanded their herds replaced aging equipment and built new barns only to get cut again a year later.

Bill in Colo · Sep 24, 2016

Helped SIL last Saturday load a pot of fats Wt 1320 on the truck, $ 1.36 on the rail in Ft. Morgan.. Sure seems as the margin at the grocery is to high.

Texasmark1 · Sep 24, 2016

Select grade, boneless rib steak (erroneously referred to a rib eye) dropped 1.50 to 10 bucks in the last 6 months. Must be more of the news media doing what they are best at....................

Price of beef

john in la

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gene bender

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Tom in TN

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dcarp

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rd 2N in mo

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Gambles

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db4600

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Fordfarmer

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Teakettle

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Kent Petersen

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Russ from MN

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Philip d

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Bill in Colo

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Texasmark1

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