Monday, December 27, 2010

Here Comes the Consumer Inflation

Cattlenetwork reports that ground beef is 26% higher in price than last year, and has climbed by 15% since Thanksgiving.

Ground beef tends to climb after the holiday season, but this year the climb is starting weeks early.


  1. The desire to not hold cash in the cattle business the last month or so has been as strong as I have seen it. (Family has been involved with Cattle from ranching, dairy, feedlot, butcher Cows and everything in between for nearly a hundred years).

    People commonly talk about buying Cattle because what else are you going to do with your money. I have kept nearly all my money in cattle for the past year and that is currently the case.

    And brood Cows are sec. 179 depreciable.

    The Cattle industry is one of the least influenced by USDA communists and socialists, the market signals here are very real and ranchers and cattlemen have responded.

  2. Chicken as well. I paid $8 for a whole young fryer the other day.