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US beef prices have soared but farmers aren't making more money

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61–70 of 136 posts

Re: US beef prices have soared but farmers aren't making more money

#61
post #21

Earlier quoted context omitted.

I very much disagree that it's a worse product.

Why were you buying beef before, then? Hasn't pork always been cheaper than beef?

Historically, I've always bought both. It's nice to have variety. The difference now is that I'm not buying both.

Re: US beef prices have soared but farmers aren't making more money

#63
post #29

Earlier quoted context omitted.

Ah, yes, clearly communism is the reason for high inflation in the US...

That wasn't what I wrote or communicated.

The comment you were replying to said that the reason for high prices is oligopoly and you've replied that the way to prevent oligopoly is to be against communism, so logically it follows that fighting communism would help lower the prices, no?

Re: US beef prices have soared but farmers aren't making more money

#65

The amount of beef eaten per person per year in the USA is absolutely insane anyway: USA - 37kg/capita UK - 18kg/capita We're not exactly shy of roast beef on this island either - the French nicknamed us "rosbifs" for a reason.

According to the Economist magazine, the global problem is Chinese people eating more meat.

That's a deeply biased stance though, isn't it? It seems to say that USA and Brazil eating vast amounts of beef, the latter clearing the Amazon to do so, isn't a problem, it's only a problem now because of the Chinese.

Re: US beef prices have soared but farmers aren't making more money

#66

The amount of beef eaten per person per year in the USA is absolutely insane anyway: USA - 37kg/capita UK - 18kg/capita We're not exactly shy of roast beef on this island either - the French nicknamed us "rosbifs" for a reason.

According to the Economist magazine, the global problem is Chinese people eating more meat.

Shouldn't per-capita consumption be factored in? Otherwise "the global problem" just boils down to whichever country is the "biggest" (by population or by GDP).

Re: US beef prices have soared but farmers aren't making more money

#67
post #21

Earlier quoted context omitted.

The neat part is that there is no inflation here: you just substituted a worse product for a better one and our friends in the govt call it good.

I very much disagree that it's a worse product.

i mean that cant be true if you also admit to only buying it because your preferred product became too expensive.

Re: US beef prices have soared but farmers aren't making more money

#68
post #29

Earlier quoted context omitted.

That wasn't what I wrote or communicated.

The comment you were replying to said that the reason for high prices is oligopoly and you've replied that the way to prevent oligopoly is to be against communism, so logically it follows that fighting communism would help lower the prices, no?

Well, I guess if the OP was under the mistaken belief that the only reason for high prices was because of an oligopoly, then sure. But that premise is incorrect and it would be a bit bizarre to suggest that given at a minimum we could look to American tariffs or something never mind the pandemic helicopter money that was dispersed.

But if you want to follow that train of thought with that faulty premise, then sure yes we must stop communism to lower prices because the OP says that oligopoly is solely responsible for price increases, so it follows that further restriction on market participants further increases prices. I don't agree with that premise, but if that's your view and the OPs view then it would be logically consistent for you to also advocate stamping out communism to lower prices.

Re: US beef prices have soared but farmers aren't making more money

#69

> A new pick-up truck that once cost $40,000 now runs to $100,000. A wooden fence post has gone from about $6 to as much as $19. A quarter-mile roll of barbed wire has doubled, from $60 to $130. Everything he uses day to day, he says, has jumped in price since the Covid pandemic. I know why pick-ups have gone up in cost (though I don't think it's quite to 2.5x levels like suggested here since the pandemic), but woode…

> but wooden posts and barbed wire, it's less clear why those are so much more expensive now.

I am seeing way more active paddocks of grazing cattle now as compared to a couple of years ago. The world is complex and there is never an expiation that can be given in a short soundbite, but the primary driver is no doubt that higher beef prices compelled more people to try and raise cattle, which resulted in them needing supplies required to raise cattle, and fences are one of those things you need to establish a secure paddock. The increase in demand for fencing supplies, without a corresponding increase in supply, necessities an increase in price.

Re: US beef prices have soared but farmers aren't making more money

#70

Animal agriculture is a key driver of climate change: https://sentientmedia.org/how-does-livestock-affect-climate-... Along with the high price, that's one more reason to not buy it.

All economic activity is a key driver to climate change. Why single out one thing? You're clearly imposing a self-serving moral judgement on other people.

> All economic activity is a key driver to climate change

what a pointless thought-terminating cliché

> You're clearly imposing a self-serving moral judgement on other people.

Just because you are the wrong side of morality does not mean they are incorrect

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