Average Price of Ground Beef Hits All-Time High

Discussion in 'News / Current Events' started by carpro, Aug 19, 2014.

  1. carpro

    carpro
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    Obama policies at work.



    http://cnsnews.com/news/article/ali-meyer/average-price-ground-beef-hits-all-time-high


    Average Price of Ground Beef Hits All-Time High
    August 19, 2014 - 11:10 AM


    The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS).

    That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent.

    Five years ago, in July 2009, the average price for a pound of ground beef was $2.147, according to the BLS. In those five years, the average price has climbed by $1.737 per pound--or almost 81 percent.
     
  2. carpro

    carpro
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    http://capoliticalnews.com/2013/04/...about-climate-change-not-consumer-protection/


    Obama Works Aggressively to Raise Cost of Beef—Issue is About Climate Change NOT Consumer Protection


    MEAT PACKERS SAY OBAMA ADMINISTRATION LABELING RULES WILL CRIPPLE INDUSTRY

    By Ben Goad, The Hill, 04/14/13

    The U.S. meat industry is joining with the Canadian government in opposing proposed labeling regulations that they say would shutter beef packing plants and cripple the industry across North America.

    The proposed country-of-origin (COOL) labeling requirements from the Obama administration are meant to address a finding by the World Trade Organization that the United States’ current meat and poultry labeling rules violate international standards.
     
  3. matt wade

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    Looks like Bush worked aggressively to raise the price of beef as well.

    Appears Clinton worked to lower or maintain the price.


    Year Jan
    1990 1.907
    1991 1.996
    1992 1.926
    1993 1.970
    1994 1.892
    1995 1.847
    1996 1.799
    1997 1.850
    1998 1.818
    1999 1.834
    2000 1.903
    2001 2.037
    2002 2.152
    2003 2.131
    2004 2.585
    2005 2.478
    2006 2.607
    2007 2.630
    2008 2.725
    2009 2.961
    2010 2.825
    2011 2.991
    2012 3.292
    2013 3.406
    2014 3.586
     
  4. preachinjesus

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    Food prices have been pretty low versus inflation for the better part of two decades. Perhaps its time for them to rise.

    It is pretty crazy to try to affix the blame to the President. Look at what has been happening in the midwest over the past couple of years, droughts, fires, etc. That's what is mostly behind the rise in beef costs.

    Food prices have been talked about for about 18 months now in futures evaluations by economists and market watchers. There is a strong indication they will continue to rise too, regardless of who the President might be.
     
  5. InTheLight

    InTheLight
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  6. InTheLight

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    This (above) is an op-ed addition to the news story (below).

    Yes, and WHY do U.S. labels violate international standards? Because they give the consumer TOO MUCH information, information that other countries are not required to list on their meat products. Thus, Canada and Mexico are threatening tariffs on U.S. imports to their countries. THAT is what would "cripple the industry and shutter plants".

    http://thehill.com/blogs/congress-b...-origin-labeling-dispute-threatens-us-exports

    A better plan would be to change the labeling requirements so they align with other nation's requirements. In effect, lower the amount of information required. (U.S. meat packing plants have been attaching country-of-origin labels since 2009.) It's just a label.
     
  7. Crabtownboy

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    I noticed that Carpro and others have not thanked Obama for the falling gasoline prices. I paid $3.24 a gallon today. If they want to condemn him for other commodities rising in price, they should also thank him for falling prices.
     
  8. Crabtownboy

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    Highly suspect as they are probably more worried about having to tell the truth about what is in their meat, i.e. pink slime for instance.
     
  9. carpro

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    It's obvious you did not read the article and have zero knowledge of the issue.
     
  10. carpro

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    :laugh:


    The price of gasoline when Obama took office was $1.89 per gallon.
     
  11. Crabtownboy

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    Of course I read the OP article. But I was not responding to the OP, as you should have known if you are able to read and comprehend. I was responding to the meat associations being against the labeling. Of course they are against any labeling. After all, they fought against labeling as it is now. Why would they want to be forced to tell more truth?

    Of, of course beef costs more. There is nothing surprising about that. What is surprising is that after the terrible drought in Texas and the mid-west last year that the price of beef isn't higher than it is at the moment.
     
  12. carpro

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    Now that's a point worthy of consideration.

    Your other uninformed post was laughably ignorant on the subject.
     
  13. matt wade

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    It was that low because the economy took a tank.
     
  14. InTheLight

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    <Sigh>....that's not it. Please read the OP.

    The U.S. meat packing industry opposes Obama's new labeling requirement because it needlessly complicates the identification process. For example, meat going to this particular country needs to disclose certain information, that requires three labels; meat going over here doesn't need labels at all; meat going over here needs this label, but not that label, etc.

    Canada and Mexico don't have that sort of information listed on their meat and see the enhanced U.S. required information as a threat to their world wide exports--presumably other countries would want beef with this information and not Canada's beef--and so Canada threatens to slap tariffs on imported U.S. beef.

    The U.S. meat industry wants to go to the minimum label information required, or junk the labels altogether, but Obama is insisting on requiring more information and more labels.
     
  15. carpro

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    No one can win when it comes to gasoline prices, but it negates CTBs talking point rather handily. :thumbs:

    The reasons don't really matter, just like the recent downswing CTB is citing.
     
  16. carpro

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    Thanks. But I doubt it will do any good.
     
  17. Rolfe

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  18. Gina B

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    I vote for this as the best response. Possibly in the history of BB responses.
     
  19. Jordan Kurecki

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    Oh my goodness, I could not stop laughing when I saw this response.

    :thumbsup:
     
  20. carpro

    carpro
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    Anyone want to meet me at chick-fil-a for lunch/

    Any day but Sunday, of course.

    Great response!!!:laugh:
     

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