I had to go pick up a few things and walked over to the pork ribs to check out prices and was shocked: they were DOUBLE what they were last year and previous years.
WTF is going on? I may not be doing many ribs this year at these prices.
May 20, 2021, 09:20 AM
CQB60
The rising price of U.S. hogs is impacted by the African swine fever (ASF) as well as China demand for Pork. Throw in the recent cases of porcine reproductive and respiratory syndrome (PRRS) here – especially in Minnesota and Iowa over the winter, some apparent herd liquidation and stronger product markets and viola, price increases.
______________________________________________ Life is short. It’s shorter with the wrong gun…
May 20, 2021, 09:21 AM
Outnumbered
Are farmers getting a commensurate bump in market values?
May 20, 2021, 09:25 AM
Jimbo54
A lot of meat processing plants cut back or shut down altogether due to Covid. Hopefully that will change soon due to the herd immunity that's coming.
Jim
________________________
"If you can't be a good example, then you'll have to be a horrible warning" -Catherine Aird
May 20, 2021, 09:30 AM
Mutiny
This isn't going to help...
More Than 12,000 Pigs Dead After Barn Fire On Pork Farm MINNEAPOLIS (WCCO) — A fire chief in southern Minnesota says more than 12,000 pigs are dead after a fire broke out at a pork farm near Waseca. Several departments were called to the scene around 10:30 p.m. Sunday.
“All of the sudden I saw the fire trucks come by turning down the neighbor’s road. I looked up and saw the glow in the sky and I thought, oh boy,” Anita Nelson said.
Nelson lives close to Woodville Pork. She took pictures of the fire there shortly after it broke out and she says she knew right away, it would be devastating.
Pork and beef prices will be astronomical by the mid summer.
May 20, 2021, 09:52 AM
Graniteguy
Plenty of chicken and fish out there.
Cool it on the beef/pork consumption for a few months and the prices will self-correct.
May 20, 2021, 09:58 AM
jimmy123x
quote:
Originally posted by Ox190: Pork and beef prices will be astronomical by the mid summer.
Here regular Ground beef is $5lb and ground Sirloin is $6lb, but ironically you can get sirloin steaks for $5lb and sometimes PRIME sirloin steaks for $6 or $7 lb........and the butcher shop will grind them for free......go figure.....
BUT, prices on all grocery store items are 10% higher in the past 6 months from what I've seen.
May 20, 2021, 10:01 AM
SIG4EVA
I saw this as well. Brisket and pork belly doubled from a few months ago. I ended up getting a pork loin costco had $4 off instead.
SIG556 Classic P220 Carry SAS Gen 2 SAO SP2022 9mm German Triple Serial P938 SAS P365 FDE P322 FDE
Psalm 118:24 "This is the day which the Lord hath made; we will rejoice and be glad in it"
May 20, 2021, 10:40 AM
smschulz
Inflation is hitting a lot of areas now and hard.
May 20, 2021, 10:47 AM
scsigs
quote:
Originally posted by Mutiny: This isn't going to help...
More Than 12,000 Pigs Dead After Barn Fire On Pork Farm MINNEAPOLIS (WCCO) — A fire chief in southern Minnesota says more than 12,000 pigs are dead after a fire broke out at a pork farm near Waseca. Several departments were called to the scene around 10:30 p.m. Sunday.
“All of the sudden I saw the fire trucks come by turning down the neighbor’s road. I looked up and saw the glow in the sky and I thought, oh boy,” Anita Nelson said.
Nelson lives close to Woodville Pork. She took pictures of the fire there shortly after it broke out and she says she knew right away, it would be devastating.
What is really going to drive meat price up is the feed cost. Corn and wheat are up almost 100% for this years crop.
May 20, 2021, 11:48 AM
HK Ag
I remember studying Latin America Hyper inflation in my Senior level Econ classes at A&M and trying to conceptualize how that could occur.
Well before my very own eyes here in 2020 and 2021 we have our own Keynesian impacts taking place from the rapid now multiple distributions of printed Trillions of dollars in the form of "stimulus" (aka vote buying). Those dollars are chasing a diminished supply from Covid supply pull backs and as mentioned above "viola" inflation of prices.
HK Ag
May 20, 2021, 11:54 AM
PowerSurge
^^^Absolutely correct!
It’s not just pork, almost everything is headed higher. Now to control it guess what? The Fed is going to have to raise interest rates soon. A lot. And guess what that’s going to do to the economy…………
——————————————— The fool hath said in his heart, There is no God. Psalm 14:1
May 20, 2021, 12:43 PM
Leemur
I’m sure China’s ownership of Smithfield has nothing to do with it.
May 20, 2021, 02:56 PM
Jupiter
Here is a interesting video concerning the Food supply by IceAgeFarmer. He monitors the food supplies in the U.S..
Diligentia, Vis, Celeritas "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." -- George Orwell
May 20, 2021, 03:09 PM
Skins2881
quote:
Originally posted by smschulz: Inflation is hitting a lot of areas now and hard.
We can expect a lot of that from nothing being produced for a year+ and the government handing out checks for nothing.
Ammo, food, used cars, lumber, computers/components, everything is going up. Probably the only exception will be your salary.
Jesse
Sic Semper Tyrannis
May 20, 2021, 03:11 PM
Flash-LB
I kind of saw pork and beef and chicken the same way I saw primers and powder and bullets and stocked up accordingly. Two freezers full of meat in vacuum sealed bags that will last several years.
So now I can also be accused of hoarding meat.
May 20, 2021, 03:13 PM
Jupiter
quote:
Originally posted by Skins2881:
quote:
Originally posted by smschulz: Inflation is hitting a lot of areas now and hard.
We can expect a lot of that from nothing being produced for a year+ and the government handing out checks for nothing.
Ammo, food, used cars, lumber, computers/components, everything is going up. Probably the only exception will be your salary.
Inflation is quickly canceling out that $15.00 per hour wage some are getting.
Diligentia, Vis, Celeritas "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." -- George Orwell
May 20, 2021, 03:24 PM
photohause
Here in central coastal FLA our Winn Dixie just had a sale of pork loin @ $1.49 lb
Don't. drink & drive, don't even putt.
May 20, 2021, 03:41 PM
Jimbo Jones
Costco in Apex (yeah the one that you might have seen in photos of panicked gas purchase lines...) yesterday pork loin chops were $2.79 a lb...
Dont know if thats a great price or not, sorry.
--------------------------------------- It's like my brain's a tree and you're those little cookie elves.
