I've been waiting for beef prices to go "back to normal" but so far I'm only getting frustrated......any ideas why?
2007-05-12 02:56:34 · 9 answers · asked by karen a 1 in Food & Drink ➔ Other - Food & Drink
Gas is only one factor. The immigrant raids on the slaughterhouses have forced the prices up, and the biggest one is the price of corn. The people making ethanol are trying to buy up as much corn as they can, and there has to be feed corn for the cattle too. So farmers are planting many more acres than previously to cash in on the ethanol thing, plus have enough leftover to feed the cattle.
It really revolves around corn. Even the price of eggs is going up because that's in chicken feed. Milk prices are going up because they come from cows...that eat corn.
2007-05-12 03:31:01 · answer #1 · answered by chefgrille 7 · 0⤊ 0⤋
There are many factors that cause the price to stay high.Gas prices and the cost of raising the cows is more expensive right now.Beef could be lowered drastically but if they dont have to then they wont.Stores can sale the beef at a fraction of what they are charging right now and still make a huge profit.Notice the restaurants are not raising the prices of a hamburger that much
2007-05-12 03:08:24 · answer #2 · answered by Billy T 6 · 1⤊ 0⤋
Blame it on ethanol. The search for alternative fuels to gasoline is causing a major interest in producing ethanol. Ethanol can be made from the same corn that feeds cattle. Feed prices are going higher because of the demand for ethanol. Higher feed costs mean higher meat costs.
2007-05-12 03:29:05 · answer #3 · answered by Rand 2 · 1⤊ 0⤋
Try to look for sales to save money. I think Gas prices are part of the reason because some places get it delivered from so far away. Also look into local Butchers etc.
2007-05-12 03:15:10 · answer #4 · answered by Doc Hollywood 6 · 0⤊ 0⤋
Everything seems to be going that way! Gas prices, beef prices, and the latest and my favorite milk prices probably going up to $4.00 a gallon (wonderful when you have children). Somewhere along the line it has to stop.......time will tell.
2007-05-12 03:27:25 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Because like Gas, they can gouge you. Too many Politicians are in the meat market .
2007-05-12 03:25:21 · answer #6 · answered by Anonymous · 1⤊ 0⤋
It takes a lot of grazing land to raise cattle, among other reasons ...
2007-05-12 03:27:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
normal market forces...price of gas for transport, drought caused selloffs last year.
2007-05-12 02:59:37 · answer #8 · answered by David B 6 · 1⤊ 0⤋
because it mooorrific
2007-05-12 02:59:34 · answer #9 · answered by Anonymous · 0⤊ 0⤋