Denmark Becomes First Country To Tax Farting Animals

Originally posted by: Nines

Oh, I mentioned how far down inventories were long before you pointed it out in this thread. Look back at earlier posts. It's true I didn't highlight drought in those earlier posts, but I acknowledged that factor and you're still complaining. In the end, it won't matter..as we won't see eye to eye on it because you just can't accept the fact that a balooned money supply affects retail pricing on a lot of items..including beef. But..that's OK. I'd send you a resume but you'd claim it was fake, even though it's provable.. Believe whom/ what ya want..I don't care.


I apologize. I read this partial sentence you wrote, " which will eventually drive live animal and product inventories down further and add another 50% to the retail price of beef." I took this to mean the Lib agenda will reduce inventories. However, I don't find it clearly stated that the current increase in beef prices has also been caused by the lowest beef cow inventory since 1961. 

 

I understand there are multiple factors in play for inflation and I just found it disingenuous that you didn't clearly point out the current reality regarding drought conditons, poor pasture and feed yields, and the sell-off of cattle because of it. 

 

A resume is not necessary, I never doubted your credentials.

Originally posted by: MaxFlavor

I apologize. I read this partial sentence you wrote, " which will eventually drive live animal and product inventories down further and add another 50% to the retail price of beef." I took this to mean the Lib agenda will reduce inventories. However, I don't find it clearly stated that the current increase in beef prices has also been caused by the lowest beef cow inventory since 1961. 

 

I understand there are multiple factors in play for inflation and I just found it disingenuous that you didn't clearly point out the current reality regarding drought conditons, poor pasture and feed yields, and the sell-off of cattle because of it. 

 

A resume is not necessary, I never doubted your credentials.


No worries. Another huge influence not discussed yet on retail beef pricing emanates from the "Big 4" meat packers (JBS, Cargill, Tyson, and Brazil controlled National Beef). Those four companies are truly monopolistic in effect and control roughly 85% of the beef retail food chain ( including feedlots , processing, and distribution of processed products). McDonalds has filed a major law suit against them charging artificial inflation of pricing and price manipulation practices.

 

 Several independent ranchers have further filed a class action lawsuit against these same companies ( charging price fixing). These companies have all settled previous price-fixing lawsuits worth several hundred millions of dollars. Additionally, much smaller packing/ processing houses owned by groups of independent producers have popped up in order to soften the effects of the big four on pricing. It'll be interesting to see how long they can compete with those big boys.

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