It is sad that max has the time to keep files on what people say or even sadder that he goes thru the thousands of comments on these threads.
Someone is desperately in need of a hobby
It is sad that max has the time to keep files on what people say or even sadder that he goes thru the thousands of comments on these threads.
Someone is desperately in need of a hobby
Originally posted by: tom
It is sad that max has the time to keep files on what people say or even sadder that he goes thru the thousands of comments on these threads.
Someone is desperately in need of a hobby
Heading to pick up my mother-in-law in about an hour to head to my local casino. The promo today is earn 1,000 points and get $20 in free play; you can do that five times. I'm working with a 100.7% advantage on video poker.
Went camping last week, caught 30 Rainbow Trout in 2 1/2 hours. I like small water at this point; I sold my power boat 5 years ago. I now have a Flycraft fishing raft, put an electric trolling motor on it, last week we launched and headed toward the dam. I threw a Rainbow Flicker Shad out to troll with and hit a fish in about 2 minutes. Got to the dam, let the wind blow us to the inlet, and did it again. We were catching so many trout that it got to be funny.
Got to go, cleaning out the camper to put away for the year, my wife is probably wondering where I'm at.
By the way, searching is easy and quick for smart people.
Originally posted by: MaxFlavorMaxFlavorNinesNines
Almost everything I've read on beef prices points to widespread drought and a lower cattle population due to the high feed cost, which is causing ranchers to send more heifers to slaughter.
Unique Market Conditions Will Keep Beef Cattle Prices High | Livestock News | lancasterfarming.com
Droughts, complicated by climate change, result in US beef herd hitting historic low • Missouri Independent
Beef Prices Soar to Record Highs, Yet Farmers Struggle to Reap the Benefits | Market Intel | American Farm Bureau Federation
It's true..inventories are way down ( the supply side of demand). The reasons for that are multiplicative; but interest rates and feed costs are a big part of it. Virtually all retail pricing for most commodities increased the last four years. I'm not arguing with you about govt. spending's influence on retail pricing. The money supply affects everything. I think it's a factor..believe what you want.
Covid responses affected everything, granted. Trump spent more than he should have in the previous term, granted. A big part of the government overspend is what they spent it on..specifically. There are factors outside the current admins influence, but they also contributed to the balooned money supply. The money supply drove up retail pricing for most everything, including most beef market sectors who routinely operate on borrowed monies. Elevated interest rates affected almost all markets, too.
There's multiplicative reasons for record beef prices but the main and broad reason for these falls under the old supply and demand rules ( demand is outstripping supply and driving prices upward). Major contributing factors under that umbrella include the smallest number of beef cattle and herds( low inventories) since the 1960's. Drought conditions nationwide ( particularly in the west) have contributed to that reduced national live cattle supply. Further, higher costs of production/ doing business throughout the supply chain including meat processors, grocery stores, restaurants, and fast food joints have contributed to overall costs of this commodity for the end consumer. Plus the inherent biology involved in producing an end product (meat) in the cattle business takes over two years from conception to packaged product. When interest rates are highthat's not a good thing.Then there's high grain costs, interest rates, and either real, anticipated, or jump--through-your-own-ass concerns about current or future tariff effects.
The forecast isn't good, either..these prices are expected to rise further until supply inventories and other factors coalesce to drive prices the other direction. Despite all those distractions, beef demand remains robust generally speaking. I'd still rather eat a burger or steak than chicken or kale, though. If beef prices continue to increase, the consumer will just adjust as they need to..like they've always done with most commodities.
I don't recall whining too much about beef price inputs here previously, but I might've. I most certainly did whine about government overspending including Biden but I included my own side in that long standing debacle; that's just part of the old archaic conservative dogma / mantra game. All those peckerwood politicians are accomplished at spending beyond their means.
That's more than you asked for but..there it is. Make some medicine.
Bruce Hammer will enjoy the convo..long as he gets paid for his time. And you just had to highlight the above "jump-through-your-ass" comment I made as if that's all I said and as if it was an all-inclusive attack on some of the overhyped effects of tariffs. You think that every thing said in here is an invitation to start a damned argument. You guys often leave out / overassume in your analysis in here; it's why I'd just as soon avoid this place. *L* Enjoy the crap out of whatever it is you think you're accomplishing here..your bucket ain't gonna fill up very fast, believe me.
Originally posted by: Nines
Bruce Hammer will enjoy the convo..long as he gets paid for his time. And you just had to highlight the above "jump-through-your-ass" comment I made as if that's all I said and as if it was an all-inclusive attack on some of the overhyped effects of tariffs. You think that every thing said in here is an invitation to start a damned argument. You guys often leave out / overassume in your analysis in here; it's why I'd just as soon avoid this place. *L* Enjoy the crap out of whatever it is you think you're accomplishing here..your bucket ain't gonna fill up very fast, believe me.
Ouch, you're very defensive, good thing you have a defense attorney.
I don't see it as an argument, just a conversation, cheers!
Originally posted by: PJ Stroh
There are lots of variables that go into the price of beef. And not all of them are at the fault of the US President.
Here's a big one that is: The new, ridiculous tariff put on the country of Brazil which by Trump's own public admission has nothing to do with economics. He's upset that Brazil held their Jan 6 people accountable for their attempted coup.
Brazil imports over 150 million pounds of Beef to the United States EVERY MONTH.
Do you know how much it gets tariffed ? Answer: 76% (Thats a direct 50% tariff on the beef itself which is on top of the 26% universal tariff we have with that country.)
Sorry, Charlie. Thats not supply and demand.
You must have an Econ degree, that or unfettered access to Google search engines( I suspect the latter). If you'll look again, I mentioned negative tariff effects on the price of beef (some are real).. I'd suspect that what you presented in this post re: Brazil is a legitimate, real negative effect. Just don't suggest to me that all the tariff negative effect narrative is legitimate and not overhyped. It's hype that you said I called tariff effects a major component of supply and demand curves..never said it. Only a fool would not believe that real negative tariff effects might affect beef and other commodity prices over time.
But have a good day, regardless.
Max proves my point about not having a life by responding a few minutes later.
Originally posted by: Nines
So, I didn't argue with you in the end? I missed an opportunity, then? I doubt that I argued with you for very long about those particular contributing factors as they are ubiquitous...either that or I'm suffering from selective memory to cover my own ass. shrugs
Input prices did and are causing price increases, and fuel prices are a big cost factor behind beef production. Diesel for tractors, gas & diesel to transport livestock and the grain/ other feedstuffs to finish them and the end products, additional farm fuel costs to run harvesting equipment. High fuel costs don't improve consumer confidence either..which might make them spend less on beef products.You don't really believe that lowering fuel costs wouldn't eventually benefit overall beef pricing for consumers, do ya? I'm sure I did support lower fuel prices as a factor contributing to lower beef product pricing over time. I'll accept that charge..and call my lawyer Bruce Hammer.
Oh, don't weasel, Nines. It just further demeans you. Like all the other MAGA cult members, you bleated the mantra ITZ AWL BIDENZ FAWLT over and over and over and over. Inflation? BIDENZ FAWLT. Ukraine war? BIDENZ FAWLT. Hurricanes? BIDENZ FAWLT. We saw it all in your unhinged postings.
But now that the orange pedo who is your God has oozed back into the White House, you've switched to an attempt (feeble though it may be) to use cause and effect, and logic, as tools of analysis to explain Trumpflation. Why have you at least resorted to sanity? Because you don't dare say that it's all Trump's fault!
And guess what, Nines??? It actually IS Trump's fault!!!! Many, many factors go into beef production--including power (which we import), fuel (which we import), feed (which we import), labor (which we are forcing out of the country), and transport (which we are making exponentially more costly and difficult).
So whose fault is it, ultimately? Yours. You voted for that asshole. Stop whining. Stop self-justifying.
Originally posted by: MaxFlavor
Ouch, you're very defensive, good thing you have a defense attorney.
I don't see it as an argument, just a conversation, cheers!
Fair enuff..
Originally posted by: Kevin Lewis
Oh, don't weasel, Nines. It just further demeans you. Like all the other MAGA cult members, you bleated the mantra ITZ AWL BIDENZ FAWLT over and over and over and over. Inflation? BIDENZ FAWLT. Ukraine war? BIDENZ FAWLT. Hurricanes? BIDENZ FAWLT. We saw it all in your unhinged postings.
But now that the orange pedo who is your God has oozed back into the White House, you've switched to an attempt (feeble though it may be) to use cause and effect, and logic, as tools of analysis to explain Trumpflation. Why have you at least resorted to sanity? Because you don't dare say that it's all Trump's fault!
And guess what, Nines??? It actually IS Trump's fault!!!! Many, many factors go into beef production--including power (which we import), fuel (which we import), feed (which we import), labor (which we are forcing out of the country), and transport (which we are making exponentially more costly and difficult).
So whose fault is it, ultimately? Yours. You voted for that asshole. Stop whining. Stop self-justifying.
I didn't rattle the padlocks on your straightjacket safety clasps. Buzz off..have some ice cream, maybe.
Originally posted by: Nines
I didn't rattle the padlocks on your straightjacket safety clasps. Buzz off..have some ice cream, maybe.
Welcome to the KevinSink, Nines.
