larry@stinescorner
Well-known Member
the shoprite flyer,sale starts Sunday
- Thread starter larry@stinescorner
- Start date
BarnyardEngineering
Well-known Member
- Location
- Rochester, NY
I haven't been paying attention. Are beef prices going down in stores?
About once a week my dad complains how low cattle prices are, and how the prices don't seem to be coming down in the stores. Of course this could be due to the crooked people running this particular grocery store chain...
About once a week my dad complains how low cattle prices are, and how the prices don't seem to be coming down in the stores. Of course this could be due to the crooked people running this particular grocery store chain...
larry@stinescorner
Well-known Member
they seem to be coming down in the shoprite here in nj
Traditional Farmer
Well-known Member
- Location
- Virginia
Why would you accuse grocery stores of being crooked? Grocery stores have some of lowest profit margins of any businesses.Most do a heck of a good job in my opinion.If you think you can supply retail beef cheaper and better take some of your dad's stock to a USDA slaughterhouse,have it killed and processed and sell it you'll be the 'crook' then with the prices you have to charge.
Larry EC-OH
Member
Hi Larry,
Thanks for posting these prices. Your store is lower by a good bit from the one we shop at here in Ohio.
Is Shoprite a local store or a big chain? I'm wondering if they do their own butchering locally which would explain the pricing difference. Anyway, good for you! I would be a buyer at those prices.
Thanks again, Larry
Thanks for posting these prices. Your store is lower by a good bit from the one we shop at here in Ohio.
Is Shoprite a local store or a big chain? I'm wondering if they do their own butchering locally which would explain the pricing difference. Anyway, good for you! I would be a buyer at those prices.
Thanks again, Larry
db4600
Well-known Member
The frustrating thing is that the market side of the equation is fluctuating faster and more drastic then the retail side. From that stand point it makes sense not to chase retail prices up and down every time the wind changes. Right now the market side is in the tank and we are just seeing the retail side reflect it. For us country folk that pay attention to markets it will make us scratch our head. For the folks who don't have their finger on the pulse of agriculture it is not as apparent.
larry@stinescorner
Well-known Member
Austrailia,,grass fed
larry@stinescorner
Well-known Member
it does say beef tenderloin,I see what your saying,,good point
larry@stinescorner
Well-known Member
I just like taking pictures and posting stuff of interest,,and I always learn something good from the replys,
Processing, packaging, transportation and in-store stocking costs are also part of retail prices. Those costs don't fluctuate much compared to livestock prices.
For me, pork is still a much better bargain than beef. Nice pork chops and ham costs less than hamburger, pork roasts are half the price of beef roasts.
For me, pork is still a much better bargain than beef. Nice pork chops and ham costs less than hamburger, pork roasts are half the price of beef roasts.
jimg.allentown
Well-known Member
Larry, I have purchased the Australian beef here in Allentown. Price-Rite carries it the same as Shop-Rite. I found it to be usually tough and lacking flavor. Given the choice, I would pass it by regardless of price.
jimg.allentown
Well-known Member
I was always led to believe that the tenderloin and filet mignon were the same thing. I was also told by an old country butcher that the porterhouse (T-bone) has the filet mignon on the small side and the New York strip steak on the large side.
Have I been told wrong?
Have I been told wrong?
larry@stinescorner
Well-known Member
Im not buying the tenderloin,,And I 100 percent agree/ We dont eat many steaks,the wife doesnt care for it,,she just as soon would have a burger,so thats what we do,last weekend we had a good meatloaf with peppers,onion and celery mixed in it ,some breadcrumbs too.i whipped it up and cooked it while she was in church.
larry@stinescorner
Well-known Member
I bought a boneless pork loin for 1,67 a while ago,sliced it up and ate some,froze some,,it was good
Shop rite is the largest coop owened supermarket chain in the United
States. Over 250 stores in CT DL PA NY NJ. I go to five different ones
in my travels. They are all a little different but have good prices
and produce. Most produce is number 1 +. That means a 1/2 bushel box
of plum tomatoes costs them $ 22-23 per. Many supermarkets work on a
5% margin if they are doing fantastic. Now what gets me are the field
fresh stores. 5he prices they charge are 5 to 10 % more and people
just flood in. 5hey think everything is touched by magic and if they
can pay more the better! Crazy.
States. Over 250 stores in CT DL PA NY NJ. I go to five different ones
in my travels. They are all a little different but have good prices
and produce. Most produce is number 1 +. That means a 1/2 bushel box
of plum tomatoes costs them $ 22-23 per. Many supermarkets work on a
5% margin if they are doing fantastic. Now what gets me are the field
fresh stores. 5he prices they charge are 5 to 10 % more and people
just flood in. 5hey think everything is touched by magic and if they
can pay more the better! Crazy.
larry@stinescorner
Well-known Member
that sounds good to me!
tractorkrum
Member
That is what I was taught also
tractorkrum
Member
Sorry, I forgot to mention the filet mignon is just a tenderloin wrapped with a piece of bacon.
Brent Zappe
Member
stop this well you. You just got me hungry for a nice B.Q steak dinner. Every time I pass a open meadow and look out what do I see cows on it. What do I think Hungry for meat and steaks. I know I should not think that way.
Traditional Farmer
Well-known Member
- Location
- Virginia
That's why I switched from beef to deer meat its low in cholesterol,low fat and now I like it better although I still enjoy a good ribeye steak now and then
TomA in CA
Member
Prime rib sold in restaurants is not prime graded beef. It is probably from old cows. Lots of BS in the meat business.
Keith Molden
Well-known Member
Today I went to our local slaughter house and picked up a side of beef that I ordered from them. $3.50 a pound. Seems a little high but they have always had good quality and good flavor. We have all our hogs processed there too. At least I know it's in the freezer and won't worry if the price goes up & won't care if it goes down LOL Keith
We haven't purchased meat from "the store" for ages. We raise our own pork, chicken, turkey, goat, and even goose. For beef, we get it from 2 local producers who we know well and who produce a premium product. On very rare occasions when we get off the farm, we might get something from a restaurant, but we're often sorry we do. There is no way we could ever go back to store bought meat, especially the 'average' stuff. This is one of the reasons we farm, and do so with antique equipment (because this forum requires mentioning tractors in threads ;-) ).
I don't understand the supermarket prices. Butcher beef is at a many year low at the sale barn. Supermarkets are getting a crazy high price. Where is the disconnect? I just purchased a half beef right off the farm. He goes in next week for processing. Grain finished. All said and done I will have $3.50 a lb. invested. You can't get hamburger for that price in our area at the supermarket.
Greg
Greg
BarnyardEngineering
Well-known Member
- Location
- Rochester, NY
That's exactly what I mean.
If beef is hypothetically selling for $1.50 a pound on the hoof and the store is charging $4.99/lb for 80/20 ground, and the price of beef hypothetically drops to 50 cents a pound on the hoof, but the store is STILL charging $4.99/lb for 80/20 ground three weeks later, what's going on?
Sure there's processing and trucking and those prices are the same, but the beef is costing you $1 less per pound on the front so you should be able to sell it for $1 less per pound and maintain the same profit margin, and make more money because you're selling more.
If beef is hypothetically selling for $1.50 a pound on the hoof and the store is charging $4.99/lb for 80/20 ground, and the price of beef hypothetically drops to 50 cents a pound on the hoof, but the store is STILL charging $4.99/lb for 80/20 ground three weeks later, what's going on?
Sure there's processing and trucking and those prices are the same, but the beef is costing you $1 less per pound on the front so you should be able to sell it for $1 less per pound and maintain the same profit margin, and make more money because you're selling more.
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