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Catering, Vending and Cooking For The Masses. this forum is OnTopic. A resource to help with catering, vending and just cooking for large parties. Topics to include Getting Started, Ethics, Marketing, Catering resources, Formulas and recipes for cooking for large groups. |
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03-18-2011, 10:44 PM | #1 |
is Blowin Smoke!
Join Date: 08-17-06
Location: Washington, Missouri
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Beef going down...?
My wholesaler tells me that the Japanese situation has hit US beef exports and beef should be going down, if only for a little bit.
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03-19-2011, 10:30 AM | #2 |
Full Fledged Farker
Join Date: 10-30-09
Location: Roxbury,NY
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Thought the same thing (Japan being major market currently not buying) earlier this week when my brisket price dropped 25˘/lb Checking with my rep to see what this week is - may be stocking up a bit.
Have also heard the possibility the crisis in Japan may also drive gas prices down.
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03-19-2011, 09:55 PM | #3 |
On the road to being a farker
Join Date: 12-22-09
Location: Britt, IA
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My guess is it's just a short term drop. The number of beef cattle on feed is at it's lowest since 1958. I am guessing that by this summer you could see a sharp rise in beef prices. Just my oppinion.
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03-19-2011, 10:35 PM | #4 |
is One Chatty Farker
Join Date: 05-09-07
Location: Shreveport, LA
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My neighbor is a store director for a Brookshires and he told me beef prices won't be going down anytime soon.
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03-20-2011, 12:15 AM | #5 |
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Join Date: 05-26-08
Location: Omaha, NE
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I spoke with the owner of a burger joint (national franchise) today who said that his supplier told him to expect a rise in beef soon.
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03-20-2011, 10:34 AM | #6 |
is Blowin Smoke!
Join Date: 08-17-06
Location: Washington, Missouri
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I personally think short term drop in wholesale, nothing at the retail level, and long term rise.
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03-20-2011, 11:20 AM | #7 | |
is one Smokin' Farker
Join Date: 01-18-11
Location: Great White North
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Quote:
That's probably right. The lower price will allow to whole sellers to recoup money previously lost, or to make a temporary better profit. Frankly speaking, I'd be okay with that, keeps more people working and more choices out there. |
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03-21-2011, 11:06 AM | #8 |
Full Fledged Farker
Join Date: 03-12-09
Location: Genesee Valley, NY
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Feed costs up, corn & fuel costs up and escalating global demand. Beef will stay up.
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