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Tuesday, April 05, 2022

Report: Chicken, Pork and Beef Prices Likely to Skyrocket Due to Massive Increases in Feed Costs

Hopefully this does not come as a surprise to readers here; however, according to analysis by industry insiders, Chicken prices are likely to increase by 70% this year once the full price increases in grain, used as feed, start to take hold. Overall, we will likely see a leveling off in beef prices, but pork (due to soybeans) and chicken (due to grain) will increase significantly. 

17 comments:

  1. If you can't afford chicken, just buy an EV.
    If you can't afford pork, just buy an EV.
    If you can't afford beef, just buy an EV.

    (Just saving democrats the trouble of having to respond).
    😡🤢😡🤢😡🤢

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  2. Going to need to pull the trigger a few more times this hunting season.

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  3. We buy our beef from a small ranch up the road - they probably have 50 or fewer cows. We generally pick it up in December, but we just got it a month ago because they had to scramble to finally find a small family-owned processor to butcher their cows and they can only take a few at a time. The large processor they used to use doesn't have enough help to take them. They paid $77K for their winter hay this year - over double what it normally has been. They don't know if they can even keep the business going this year.

    If you can, find local sources for beef, pork, and chicken and help them out. You'll get better meat and give the money directly to the folks who are doing the work.

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    1. Ditto. Half a steer is about 1200 here. Hate to think what that would cost at the grocery store.

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  4. The fundamental problem is the jump in fuel prices that affect the whole production chain, from the cost of growing feed to the cost of delivering the beef, pork or chicken to the supermarket and everything in between.

    With respect to poultry, add another factor. The whole country is seeing avian flu that already claimed 5 million turkeys in Iowa, and it has spread to North Carolina and Minnesota poultry flocks and now Missouri where it claimed chickens and turkeys in the order of 2.8 million more.

    Luckily poultry and eggs price increases due to the avian flu are temporary, because new chicks hatch and become chickens very quickly, but the fuel component of the price increase is here for a long time.

    The supermarket prices usually lag the trend in fuel prices by six months or so, so we are in for some expensive eating.

    I get mixed opinions on wild hogs. Some say they are good eating, and others say no. But, if they are good, they are essentially free for the taking. You get a good return on your investment on the ammo, and if you know how to butcher them, yourself, it is just a few hours of labor, some materials and a deep freeze. Otherwise, paying a butcher makes it less cost effective, but it is still relatively cheap.

    Let's Go Brandon!

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    1. Fuel prices also drive fertilizer prices. Natural gas is a feed stock for many fertilizers, a double whammy.
      I saw this coming. My herd is small, so I got a years supply of grain back last summer. I was able to top off the tank in February before the rise started.
      GOD is good.

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    2. vms says "free for the taking"....haha, bullshit

      good try, though

      reminds me of news spokesmouths yrs ago touting hunting as a cheap alternative to buying meat....haha, bullshit

      for those that live there and do that yes, to suggest that any bearded asshole can go grab a hog or deer....hahaha

      please film it...good entertainment at worst

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    3. Heavily spiced in sausage they are good to eat. You're not gonna want the hams.

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  5. The avian flu is now hitting the USA like it did in the EU and which I warned about before it happened months ago in another blog as I saw the emerging trend. It's going to get a lot worse but you may find that even owning birds will be outlawed due to the risk.
    Maybe it's an orchestrated event to reshape the food supply pushing people to fake meat and crickets like the UK. Wouldn't surprise me.

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    1. All they have to do is "find" one infected chicken and the flock is slaughtered.

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    2. In MN, one infected flock causes the cull of every domestic chicken in a 2 mile radius.
      Unless you have a infection prevention plan that you can show is in operation, and a clean infection test.
      Friend has a small flock in SE MN, she was scrambling to get the right sprays two weeks ago.

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  6. Long pork will always be available....

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  7. My ten Buff Orpington female chicks should arrive any day now. Weird you have to buy ten but can't buy nine hens and a rooster. Or you can buy a mixed and not no if or how many are roosters. I hope to find a rooster local. I want the eggs but want the birds for eating too. I've been to all the local farm stores. Very few chicks in and no Buff Orpington anywhere. I really like that bird. Our Rural King has only a handful of birds. I reckon it's the flu thing.

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    1. last time I bought mail order chicks, supposedly seed, I got 1/2 roosters.
      so much for paying extra for females.

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    2. Otis - that's why I always buy pullets that are a couple months old already.

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  8. Every year we use 40 tons of fertiliser. On a whim last year, expecting to see a sharp rise in fuel prices, I bought 125 tons in a deal. I was going to use it to hopefully ride out the increases. In the end I sold 3 of my neighbours just under 20 tons each at my purchase price partly because if they go bankrupt some big ag group will buy their land and plus because they're my friends.
    I don't know if any of you follow him but the posts John Polomy of Actionable Intelligence on ytube was what convinced me to sink a lot of cash in what could be a huge loss if I was wrong. I'm glad I listened!!

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