Beef Prices

john in la · Feb 28, 2017

This past week at the store we bought.

Chicken fryer legs (drumsticks) $1.26 per lb
Boneless center cut pork chops $3.28 per lb
Beef Rump Roast $4.44 per lb

I cringed at the roast price but I wanted some beef.
While I was looking to get some other beef I just refused to pay $7 to $12 per lb for beef steaks.

While I am all for a free market society; and know there is a lot more to beef prices than on the hoof price; I just can not see what is keeping beef prices so high on the consumer end.

I guess some must be paying these prices; but with the price of chicken and pork; beef producers have lost as least one customer; ME!!!!

old popper · Feb 28, 2017

Last week I bought 4 lbs of stew beef. It was 4.99 per lb. Awful high I thought, but like you I was craving beef.

Russ from MN · Feb 28, 2017

Larry on the corner doesn't pay that much!

K Effective · Feb 28, 2017

I am just getting ready to email all my beef customers, as the herd makes it's filed trip to the slaughter house next month. I was thinking I had better lower the price from $3 per pound hanging weight. Maybe I had better rethink that idea...

vista2016 · Feb 28, 2017

I feel it's just like gas, as long as people will continue to pay the higher price they'll never lower it. They're probably making a killing.

Elton Fancher · Feb 28, 2017

I can assure you that the last several feeder calves I have sold made me almost no profit at $.92 up to $1.39 lb.

Lazy WP · Feb 28, 2017

I think you guys need to support some of us that sell freezer beef!! You could get a whole bunch more beef for your buck is you did!!

Dave Westlund · Feb 28, 2017

If we want lower beef prices the answer is don't buy it. When enough people stop, the supply chain builds inventory and at some point the scale tips and is forced to move it at reduced prices. As long as the supply chain can maximize plant production utilization and has the customer base to support it there is no reason for them to adjust the selling price. If the market goes south for a long period of time a processing plant will be taken off line and at some point that will hurt the producer. Tell me how many grain producers you know that didn't take advantage of all time high corn prices? No discounts given to the beef producer when that happened. Now it's the Ag equipment manufactures that are feeling the pinch. Supply and demand.

Bruce from Can. · Feb 28, 2017

You guys a paying more for your beef in the USA then we are here in Canada .Think maybe the stores are getting more profit then they should.

Traditional Farmer · Feb 28, 2017

Buy a beef and kill it yourself you'll probably figure out by the time you're finished why prices are what they are(LOL)I have butchered 1000 lb beef before and it worked the wife pretty hard since she is the meat cutter in the family.

OliverGuy · Feb 28, 2017

We just buy a half or full with others of local great tasting beef. I paid less than that for filet's! And I gave the farmer a big tip because he's awesome and does a great job. Everyone is happy

redforlife · Feb 28, 2017

To a certain extent, stores, packing houses, warehouses, and any middle man along the way sort of have a monopoly so to speak. Only because they won't lower prices unless they have to. Its not the producers. They are seeing lower prices.
High end cuts are not a very good way to judge the market of beef over the counter. And this would include most of the roasts even. Looking at 75 or 80 percent lean hamburger prices would probly give ya a better idea of what beef is actually doing over the counter in relation to on the hoof.

rusty6 · Feb 28, 2017

Beef in the store is crazy prices and if I had to buy it there I would not be eating any beef. We get farm raised beef butchered locally. Either one of my own or a neighbour's. All the steaks, roasts and hamburger are priced the same and we know where it came from.

RalphWD45 · Mar 1, 2017

I just picked up my cow from the processer, and for hanging, cutting, wrapping, and packaging, it was almost $500.00, and I got just a little over 500 lbs of meat. I found a 3rd calf cow, going down, with bloat, from eating a full bag of beet pellets, she got into, and had to either butcher her, or watch her die, and lose her to the dead stock truck. she was a small lowline angus, and is making some good meat!

ohiojim · Mar 1, 2017

I just got a flier from local grocer, they had fried bacon at 2.99 for 1.9 oz,..that puts it at close to 24.00 a pound. think ill just eat chicken

larry@stinescorner · Mar 1, 2017

this week shoprite has chuck steaks on sale here in NJ

Bret4207 · Mar 1, 2017

Beef on the hoof was real high here for a long time. The market got glutted and prices dropped, but the retailers are still holding the high prices to make up for what they had to pay earlier. Supply and demand.

ss55 · Mar 1, 2017

When I can buy nice pork chops and ham for less cost per pound than 70 percent lean (30 percent fat?) hamburger it's a no-brainer. We rarely eat beef anymore.

rrlund · Mar 1, 2017

I sure wish you were close enough so I could sell you some direct. The price at the store is high because they can,simple as that.

pms · Mar 1, 2017

Part of it is diminished purchasing power of the dollar.Most people's wages don't keep pace with inflation any more.

Beef Prices

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