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Key:
Admin,
Global Mod,
Mod
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Joined: Jun 2015
Posts: 15,393 Likes: 81
Old Mossy Horns
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Old Mossy Horns
Joined: Jun 2015
Posts: 15,393 Likes: 81 |
“Wells Fargo reveals hamburger costs are up 14% from last July 4.”
Last edited by AU7MM08; 07/02/26 03:21 PM.
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Joined: Nov 2005
Posts: 8,272 Likes: 114
14 point
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14 point
Joined: Nov 2005
Posts: 8,272 Likes: 114 |
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Joined: Sep 2014
Posts: 1,515 Likes: 8
8 point
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8 point
Joined: Sep 2014
Posts: 1,515 Likes: 8 |
According to GROK, it is mainly supply and demand.
Prices have continued rising sharply into 2025–2026 due to a historically low U.S. cattle herd (drought, liquidation, slow rebuilding), strong demand, and tight supplies. USDA forecasts further beef/veal price increases of ~7.5% for 2026.
Last edited by Young20; 07/02/26 03:37 PM.
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Joined: Mar 2011
Posts: 1,560 Likes: 31
8 point
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8 point
Joined: Mar 2011
Posts: 1,560 Likes: 31 |
I got plenty of deer burger.
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Joined: Jun 2015
Posts: 15,393 Likes: 81
Old Mossy Horns
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Old Mossy Horns
Joined: Jun 2015
Posts: 15,393 Likes: 81 |
I got plenty of deer burger. Great for chili in the winter and spaghetti but lackluster for hamburgers
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Joined: Mar 2018
Posts: 4,855 Likes: 119
12 point
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12 point
Joined: Mar 2018
Posts: 4,855 Likes: 119 |
Well I have yet to have a cattle man tell me he is making any money.
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Joined: Jul 2005
Posts: 4,112 Likes: 15
10 point
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10 point
Joined: Jul 2005
Posts: 4,112 Likes: 15 |
Drove to the Rockies and back a couple months ago. Feed lots and huge pastures all across the Midwest were empty. Domestic supply has got to be down.
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Joined: Apr 2000
Posts: 4,046 Likes: 8
10 point
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10 point
Joined: Apr 2000
Posts: 4,046 Likes: 8 |
Supply is at a low, demand is super high. Not going to change anytime soon. Steak lovers are gonna eat!
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Joined: Nov 2014
Posts: 14,866 Likes: 33
Puts sugar in his cornbread!
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Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,866 Likes: 33 |
I got plenty of deer burger. Great for chili in the winter and spaghetti but lackluster for hamburgers I know that’s right.
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Joined: Nov 2014
Posts: 14,866 Likes: 33
Puts sugar in his cornbread!
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Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,866 Likes: 33 |
Well I have yet to have a cattle man tell me he is making any money. And you never will.
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Joined: Nov 2014
Posts: 14,866 Likes: 33
Puts sugar in his cornbread!
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Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,866 Likes: 33 |
Burger tastes bad from
The store most of the time.
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Joined: Jan 2022
Posts: 4,264 Likes: 164
10 point
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10 point
Joined: Jan 2022
Posts: 4,264 Likes: 164 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing
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Joined: Jul 2011
Posts: 39,981 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,981 Likes: 130 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing Charts I saw , as of today, show pork futures rising through October . Smithfield Foods stock isn't reflecting a sharp downturn in the near future either.
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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Joined: Jan 2001
Posts: 14,928 Likes: 93
Booner
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Booner
Joined: Jan 2001
Posts: 14,928 Likes: 93 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing When I can grill a nice 16oz thick cut pork chop for $5-6 a lb; I am doing that several times a month. Add some jasmine rice and steamed broccoli with lemon/butter sauce and you have a great, easy to prepare meal for less than $10.
Last edited by wew3006; 07/02/26 06:19 PM.
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1 member likes this:
2Dogs |
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Joined: Oct 2000
Posts: 8,550 Likes: 47
14 point
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14 point
Joined: Oct 2000
Posts: 8,550 Likes: 47 |
Drove to the Rockies and back a couple months ago. Feed lots and huge pastures all across the Midwest were empty. Domestic supply has got to be down. Lots of meat animals killed off during Covid for no reason at all thanks to the government shutting down our nation. Animals cost too much to feed and not be processed.
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Joined: Jun 2015
Posts: 15,393 Likes: 81
Old Mossy Horns
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Old Mossy Horns
Joined: Jun 2015
Posts: 15,393 Likes: 81 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing When I can grill a nice 16oz thick cut pork chop for $5-6 a lb; I am doing that several times a month. Add some jasmine rice and steamed broccoli with lemon/butter sauce and you have a great, easy to prepare meal for less than $10. Pork chops are the play right now
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Joined: Jan 2022
Posts: 4,264 Likes: 164
10 point
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10 point
Joined: Jan 2022
Posts: 4,264 Likes: 164 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing Charts I saw , as of today, show pork futures rising through October . Smithfield Foods stock isn't reflecting a sharp downturn in the near future either. Seen a report today, feeder cow futures down $2 for August and dropping everyday, hog futers dropped every day this week at an already low, and rice was up 40%, higher than beans and corn by a bunch! I dont know anything about the stock market, im talking futures
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Joined: Jul 2011
Posts: 39,981 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,981 Likes: 130 |
Speaking of pork chops , the one on the plate in back is how they grow them in AK.  That thing was FINE! Those were very large plates, BTW. I told the waiter when he brought it out , "my wife ordered a pork chop not a steak," he said " that IS a porkchop!" ![[Linked Image from i.postimg.cc]](https://i.postimg.cc/02k2hdz4/20170901-193516.jpg)
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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Joined: Jul 2011
Posts: 39,981 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,981 Likes: 130 |
Demand is down,, futures for August are falling. Pork is bottoming out right now. Rice is up more than anything. They say due to fuel prices, people aren't buying as much beef. Not sure why pork is crashing Charts I saw , as of today, show pork futures rising through October . Smithfield Foods stock isn't reflecting a sharp downturn in the near future either. Seen a report today, feeder cow futures down $2 for August and dropping everyday, hog futers dropped every day this week at an already low, and rice was up 40%, higher than beans and corn by a bunch! I dont know anything about the stock market, im talking futures Smithfield Foods is the largest pork producer in the world. Am I reading these charts wrong? https://www.cmegroup.com/markets/agriculture/livestock/lean-hogs/quoteshttps://www.barchart.com/futures/quotes/HE*0/futures-prices
Last edited by 2Dogs; 07/02/26 07:09 PM.
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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Joined: Nov 2014
Posts: 14,866 Likes: 33
Puts sugar in his cornbread!
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Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,866 Likes: 33 |
China man bought Smithfield and I won’t buy it. Aldi back has been the best lately. Smithfield is fat with some small pieces of meat.
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1 member likes this:
cartervj |
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