High beef prices to stay for years to come, says Guelph analyst

Business | 206684 hits | Jun 01 12:26 pm | Posted by: martin14

Beef prices are at an all-time high as grilling season fires into high gear this summer, and at least one analyst says it will likely stay that way for another three to four years.

Comments

by martin14
Mon Jun 01, 2015 7:27 pm
Just in time for BBQ season, too.
by Zipperfish
Mon Jun 01, 2015 7:48 pm
"High beef prices to stay for years to come, says Guelph anal"
by PluggyRug
Mon Jun 01, 2015 8:38 pm
There are many analysts who provide completely anal analysis.
by BartSimpson
Mon Jun 01, 2015 9:01 pm
The contrary was just predicted by the US Dept. of Agriculture in the aftermath of the midwest floods. Ranchers are selling off their cattle due to the loss of pasturage and due to their need to raise capital to rebuild their operations...many of which were not insured for flood losses.
by ShepherdsDog
Mon Jun 01, 2015 9:19 pm
We have our own on the BiL's farm, so we're pretty immune to price increases in beef. Besides we eat mostly chicken and fish, and pork now. Growing up, it was beef a few times week at our place, and at my wife's it was almost every day, sometimes two meals a day. We eat beef maybe three times a month, usually in the form of pot roast or hamburger now, and during the winter as a stew or curry.
by Jabberwalker
Mon Jun 01, 2015 10:15 pm
All meat is expensive, right now.

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