Beef going down...?

jbrink01 · 03-18-2011, 10:44 PM

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.

chachahut · 03-19-2011, 10:30 AM

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.

BigBrad · 03-19-2011, 09:55 PM

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.

Bamabuzzard · 03-19-2011, 10:35 PM

My neighbor is a store director for a Brookshires and he told me beef prices won't be going down anytime soon.

Trucky1008 · 03-20-2011, 12:15 AM

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.

jbrink01 · 03-20-2011, 10:34 AM

I personally think short term drop in wholesale, nothing at the retail level, and long term rise.

El Lobo · 03-20-2011, 11:20 AM

Quote:

Originally Posted by jbrink01

I personally think short term drop in wholesale, nothing at the retail level, and long term rise.

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.

HandsomeSwede · 03-21-2011, 11:06 AM

Feed costs up, corn & fuel costs up and escalating global demand. Beef will stay up.

03-18-2011, 10:44 PM	#1
jbrink01 is Blowin Smoke! Join Date: 08-17-06 Location: Washington, Missouri Downloads: 0 Uploads: 0	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. __________________ KCBS #13207 **2013 Insane Can Posse Tour** Sponsored By: *Gateway BBQ Store* *Blues Hog BBQ Company* *Plowboys BBQ Company*

03-19-2011, 10:30 AM	#2
chachahut Full Fledged Farker Join Date: 10-30-09 Location: Roxbury,NY Downloads: 0 Uploads: 0	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. __________________ Frank Davis Cha Cha Hut BBQ : 43311 Route 28 (corner of Route 28 & County Road 38: Arkville, NY : chachahut.com Backwoods Pro Jr. Backwoods Competitor busted Backwoods Fatboy Weber 22.5 Kettle some stainless wood fired thing

03-19-2011, 09:55 PM	#3
BigBrad On the road to being a farker Join Date: 12-22-09 Location: Britt, IA Downloads: 0 Uploads: 0	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. __________________ BigBrad Connor "Half Baked BBQ Crew" BigBrad's BBQ

03-19-2011, 10:35 PM	#4
Bamabuzzard is One Chatty Farker Join Date: 05-09-07 Location: Shreveport, LA Downloads: 0 Uploads: 0	My neighbor is a store director for a Brookshires and he told me beef prices won't be going down anytime soon. __________________ Checkout our Original BBQ Sauce & Cajun Pickles www.doubledsbbq.com http://www.facebook.com/pages/Double...12864168786570 Stumps Baby Gravity Feed Smoker Backwoods Patio Unit Char Griller Offset for grilling

03-20-2011, 12:15 AM	#5
Trucky1008 is One Chatty Farker Join Date: 05-26-08 Location: Omaha, NE Downloads: 0 Uploads: 0	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. __________________ Don Pork Patrol BBQ www.porkpatrolbbq.com Rebel 28 Fast Eddy FEC100 X2 BGE- Large x2 Certified MOINK Ball Maker, 2008 KCBS Member and CBJ Extreme BBQ Trailer 8.5' x 22'

03-20-2011, 10:34 AM	#6
jbrink01 is Blowin Smoke! Join Date: 08-17-06 Location: Washington, Missouri Downloads: 0 Uploads: 0	I personally think short term drop in wholesale, nothing at the retail level, and long term rise. __________________ KCBS #13207 **2013 Insane Can Posse Tour** Sponsored By: *Gateway BBQ Store* *Blues Hog BBQ Company* *Plowboys BBQ Company*

03-21-2011, 11:06 AM	#8
HandsomeSwede Full Fledged Farker Join Date: 03-12-09 Location: Genesee Valley, NY Downloads: 0 Uploads: 0	Feed costs up, corn & fuel costs up and escalating global demand. Beef will stay up.

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