Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7525504
03/11/22 11:17 PM
03/11/22 11:17 PM
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Joined: Jul 2009
Posts: 2,463 Oregon
H2ORat
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Joined: Jul 2009
Posts: 2,463
Oregon
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What’s a reasonable wage and how many man hours to butcher one animal? We are talking $1000 per head- it doesn’t take 40 hours to process one animal. No it doesn't -- but when you hire someone that it takes twice as long to get the job done and they only show up maybe 3 days a week. the cost goes up -- however if you pay illegals ( the only ones you can find that will actually show up and work a full day) your costs go down some -- so I think there is a little give and take there.
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Re: Beef prices- where is the money going?
[Re: danny clifton]
#7525577
03/12/22 01:08 AM
03/12/22 01:08 AM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
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Indiana
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Casexx isnt that pork processing? Yes, I.P. Is all pork, all from cfo's. But the ones I and others use for our farm folk customers are mom n pop butcher shops and the conditions I described above are about the m-n-p's shops. Those are the ones out of business due to the fact, they can't compete wages wise. The labor all goes to I.P. better pay and benefits. About 95% Mexican people. The two plants I described are in towns made up of second and third generation Mexican folk. These two towns are in the middle of tomatoe growing ground. The older ones came in the 70's to pick tomatoes and stayed. Now there youngsters make up a large part of the surrounding work force.
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7525613
03/12/22 06:52 AM
03/12/22 06:52 AM
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Joined: Dec 2017
Posts: 6,237 Kansas
Pawnee
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Feeding cattle now is tough. Feeder market has been slammed by high corn prices. Our current cost of gain is $1.35/pound which is very high. We will run out of “cheap” if to call $6 cheap at the end of the month then things will get crazy. We feed between 4,500 and 6,500 bushel a day of corn. The current level of inflated input cost hit you from all sides. Most guys feeding cattle have loans and those loans have caps. We have loans with caps too $4 fuel, $7-8 dollar corn, Interest creeping higher all hit hard. The 4 packing plants we have close to use kill thousands of head per day and as stated above they are making around $1000 per head. They will clear more on the hide then most producers will on the individual beef. This is nothing new and there isn’t a answer. Captive supply is and has been our enemy in the beef industry.
Everything the left touches it destroys
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Re: Beef prices- where is the money going?
[Re: 3togo]
#7525731
03/12/22 09:25 AM
03/12/22 09:25 AM
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Joined: Dec 2017
Posts: 6,237 Kansas
Pawnee
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Kansas
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JBS is another South American organization along with Tyson, etc that control the beef market.
I asked my cattle raising friend why stores don't by more from local processors. He said if the big companies like JBS find out the store is buying from someone else they will make them an "offer" that they probably won't refuse.
The words cartel or mafia could be interchangeable here. He commented that it has been going on for a long time. Yep had family friends that tried there had at meat packing. When the product hit Chicago and NY city the dock workers wouldn’t unload it
Everything the left touches it destroys
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Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7525805
03/12/22 10:26 AM
03/12/22 10:26 AM
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Joined: Dec 2006
Posts: 2,213 central Missouri
Bigfoot
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central Missouri
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Last I heard a figure the packers were averaging $139 on the waste . Hide , feet , head , guts , fat , bones Small processors have to pay to haul it away . The packer lobby is so strong they don't eaven have to label what country it comes from . They can import containers of frozen beef from Namibia grind it into burger and sell it as product of USA. A few states fave finally started to get truth in labeling but not many .
The vast majority of steaks we buy at the grocery store is CHOICE not LRIME many store don't eaven stock any prime . Over 80% of fed cattle will grade choice or better . THE FAT COW AND BULL slaughter is not controlled by 4 packers it is made up of lots of bologna , sausage and burger products high dressing cows and bulls are bringing 90 cents to $1.30 . fat fed stiers and heifers that grade 80% choice or higher are only bringing $1.30 to $1.40 . When there is so much collusion on price going on that bologna bulls are bringing within 20 cents of cattle that we cut up in steaks something is wrong
Last edited by Bigfoot; 03/12/22 10:28 AM.
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Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7526014
03/12/22 01:28 PM
03/12/22 01:28 PM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
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To much info, to little time for me to attempt to begin to explain. NCBA, feeders, stockers, cow-calf, finishers, recips., A.I. bulls, packing houses, just tried to hit the high points as it relates to the man on the street. The guys above have added lots of good info. Each with their own set of minutiae. Finish by saying if your not in bed with the NCBA your gonna be on the loosing end of the stick. Just asking folks to not put the blame for high beef cost on the small producers. Thanks all for added info. Case
Post Script: You guys getting your 50 page full color auction catalogues yet? got one last week. Must have cost a million or more to print and mail, and that's just one of many that will come this spring.
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7535124
03/22/22 07:02 AM
03/22/22 07:02 AM
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Joined: Dec 2006
Posts: 21,768 Sandhills Nebraska
Gary Benson
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I saw beef bologna for $6/lb and you know that's not choice beef. Pork/chicken/turkey is 2.99. The country of origin label ban is criminal.
Life ain't supposed to be easy.
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Re: Beef prices- where is the money going?
[Re: marsupial magnet]
#7535145
03/22/22 07:32 AM
03/22/22 07:32 AM
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Joined: Jan 2014
Posts: 21,113 North East Kansas
Marty
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There are 4 large packers in the country with a monopoly on the market. They are profiting over 1000.00 per head. chinese owned????
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: Beef prices- where is the money going?
[Re: Marty]
#7535235
03/22/22 09:25 AM
03/22/22 09:25 AM
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Joined: Dec 2006
Posts: 21,768 Sandhills Nebraska
Gary Benson
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There are 4 large packers in the country with a monopoly on the market. They are profiting over 1000.00 per head. chinese owned???? Cargill-American Tyson-American JBS-Brazil NBP-Brazil
Life ain't supposed to be easy.
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Re: Beef prices- where is the money going?
[Re: nycoyoteman]
#7535252
03/22/22 09:48 AM
03/22/22 09:48 AM
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Joined: Dec 2006
Posts: 16,788 West Virginia,age 49
cathryn
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bvr-takr-upr
Joined: Dec 2006
Posts: 16,788
West Virginia,age 49
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The packers are the ones making the money on beef right now
IF IDIOTS GREW ON TREES THIS PLACE WOULD BE AN ORCHARD !
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Re: Beef prices- where is the money going?
[Re: cathryn]
#7535553
03/22/22 04:44 PM
03/22/22 04:44 PM
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Joined: Dec 2006
Posts: 11,406 East-Central Wisconsin
bblwi
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China is also working to gain more control of the poultry processing and production. The link below is off topic but discusses China's continuing efforts to buy farm land in the USA and many other nations. Their progress in the USA is slow but in other nations they have increased ownership 10 fold in a short time. https://americanmilitarynews.com/20...kers-are-scrambling-to-try-to-stop-them/We also need to recognize that the 4 major beef processors can control the market in many ways. If they indeed are making high profits on processing they can reduce profits for a time and pay way more for beef and thus keep a lot of beef away from the new start ups that we are working to fund. Not unlike Wal Mart or any big box that comes to town, they can just sell at a loss until the competition is gone. One of the things that free minded capitalism does allow is assets can be sold to anyone they choose even if it may not be in the best interest of a nation. Right now there is a lot of attention about food so not much will be sold or changed now. Land here is very high priced and thus limits sales to anyone somewhat. If there can be enough market pressure coming from other regions and they can control markets more then highly leverage land assets could be a big risk if prices fall below production costs for extended periods of time. I watched some you tube stuff Sunday on companies that are collecting and storing pollen. Huge potential change in commodity production. Most pollen lives for hours not even days. If weather is bad, poor pollination and poor crop. They can harvest pollen and store maybe for months if not years if done correctly. Wow could yields skyrocket from this. Could also create the first hybrid wheat. Wheat does not allow hybrid production naturally and wow could that be a major game changer. It is being utilized today in major trials and yes unfortunately this will not be a technology that will be real usable or cost effective for smaller producers. Bryce
Last edited by bblwi; 03/22/22 05:47 PM.
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