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Beef prices- where is the money going? #7525299
03/11/22 08:04 PM
03/11/22 08:04 PM
Joined: Feb 2007
Posts: 130
Finger Lakes NY
N
nycoyoteman Offline OP
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nycoyoteman  Offline OP
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Joined: Feb 2007
Posts: 130
Finger Lakes NY
I was wandering with the prices at the supermarket so high how the farmers were making out. The local auction results showed cows and bulls were bringing between $ .40 and $ .85 a pound live. Beef averaging about 20 cents higher. If you get about 40% meat out of your animal then your talking a cost of about $1- $2.50 a pound for finished meat.
Seems like an awful lot going to the middle man- time to go back to the days of growing and butchering your own I guess. Maybe some farmers can chime in here- not sure if my math is correct but it seems $4- $10 a pound is going to the middle man.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525303
03/11/22 08:09 PM
03/11/22 08:09 PM
Joined: Nov 2011
Posts: 47
il
M
marsupial magnet Offline
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marsupial magnet  Offline
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Joined: Nov 2011
Posts: 47
il
There are 4 large packers in the country with a monopoly on the market. They are profiting over 1000.00 per head.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525305
03/11/22 08:10 PM
03/11/22 08:10 PM
Joined: Nov 2011
Posts: 47
il
M
marsupial magnet Offline
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marsupial magnet  Offline
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Joined: Nov 2011
Posts: 47
il
Carcass weight should be about 62.5 percent of live weight.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525306
03/11/22 08:11 PM
03/11/22 08:11 PM
Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
trapperkeck Offline
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trapperkeck  Offline
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Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
You're not wrong. Packers and grocers have been sticking it to the producers for quite some time. I have family in the beef feeding business and do not buy from the store. They do better and I get better beef!


"The voice of reason!"
Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525307
03/11/22 08:11 PM
03/11/22 08:11 PM
Joined: Dec 2012
Posts: 6,501
Wi.
D
Diggerman Offline
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Diggerman  Offline
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Posts: 6,501
Wi.
I just sold a couple primes. 2.50 lb hanging, comes to about 1.50 on the hoof. locker plant will charge about .70 processing. These steers weighed 1300- 1350 and hung 800-850 lb.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525313
03/11/22 08:17 PM
03/11/22 08:17 PM
Joined: Jan 2017
Posts: 10,057
Marion Kansas
Y
Yes sir Online content
"Callie's little brother"
Yes sir  Online Content
"Callie's little brother"
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Joined: Jan 2017
Posts: 10,057
Marion Kansas
Packers have been making $700 to a $1000 a head PROFIT for quite some time

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525342
03/11/22 08:49 PM
03/11/22 08:49 PM
Joined: Mar 2014
Posts: 2,015
SE Iowa USA
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AKAjust Offline
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AKAjust  Offline
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Joined: Mar 2014
Posts: 2,015
SE Iowa USA
We just bought a 1/2 a beef.
The farmer got $900. The processor got $385.
Don't know what the start weight was. But it was from my wifes cousin.


Cost $271 a pound.
No middleman.
just

Last edited by AKAjust; 03/11/22 08:50 PM.
Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525347
03/11/22 08:53 PM
03/11/22 08:53 PM
Joined: Mar 2010
Posts: 3,035
wyoming southeast
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danvee Offline
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danvee  Offline
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wyoming southeast
100% right monopoly by the packing industry, and 2 of them are foreign owned.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525378
03/11/22 09:24 PM
03/11/22 09:24 PM
Joined: Aug 2012
Posts: 3,972
South Dakota
R
Rat Masterson Offline
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Rat Masterson  Offline
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Posts: 3,972
South Dakota
Nobody thinks wages might have an effect on prices?

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525393
03/11/22 09:34 PM
03/11/22 09:34 PM
Joined: Feb 2007
Posts: 130
Finger Lakes NY
N
nycoyoteman Offline OP
trapper
nycoyoteman  Offline OP
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Posts: 130
Finger Lakes NY
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.

Re: Beef prices- where is the money going? [Re: Rat Masterson] #7525418
03/11/22 10:00 PM
03/11/22 10:00 PM
Joined: Apr 2011
Posts: 2,420
SE SD
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DWC Offline
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DWC  Offline
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Joined: Apr 2011
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SE SD
Originally Posted by Rat Masterson
Nobody thinks wages might have an effect on prices?


Doesnt seem to affect pork as much though

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525426
03/11/22 10:04 PM
03/11/22 10:04 PM
Joined: Feb 2007
Posts: 130
Finger Lakes NY
N
nycoyoteman Offline OP
trapper
nycoyoteman  Offline OP
trapper
N

Joined: Feb 2007
Posts: 130
Finger Lakes NY
Maybe because hogs don’t fart and cause global warming! laugh

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525427
03/11/22 10:06 PM
03/11/22 10:06 PM
Joined: Aug 2012
Posts: 3,972
South Dakota
R
Rat Masterson Offline
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Rat Masterson  Offline
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Joined: Aug 2012
Posts: 3,972
South Dakota
Sounds like an opportunity for some of you to become meat packers, get out your checkbook and get going, lots of profit available.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525437
03/11/22 10:10 PM
03/11/22 10:10 PM
Joined: May 2019
Posts: 1,354
Saskatchewan
R
rvsask Offline
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rvsask  Offline
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Joined: May 2019
Posts: 1,354
Saskatchewan
Cargill, Tyson Foods , they’re making out like bandits.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525476
03/11/22 10:47 PM
03/11/22 10:47 PM
Joined: Dec 2021
Posts: 828
Indiana
C
CaseXX Offline
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Posts: 828
Indiana
I'm not defending the butchers, and I'm not arguing, I think they make more from my beef than they deserve. Now a few points, I can only speak for Indiana. They take in more than 1 animal a day, so you must have and maintain a place to keep them until there killed, then skin and gut them, this must also be stored and disposed of, then they hang for a week or two in a cold room, each day a qualified USDA inspector must be paid, all butcher equipment must be cleaned between each days use. Saws, grinders, knives, stainless tables, floors and walls must be sanitized each day. Then primal cuts are made, these are cut and wrapped to each customers specs. All of these things cost in time and skilled labor. All of these things must be maintained. Now you must pay everyone and the cost for the building and utilities. Local taxes. I'm missing a lot I know but it all (the money) doesn't go into the butchers pocket. That's why we have 3 out of business in my county now. The big packer here Indiana Packers is owned by a jap company and is one of the largest employers in this part of the state. And as a side note less than 2% of all beef produced in the US grades prime.
Case.


Rules:
Col. Jeff Cooper #1for a gunfight
Gibbs. #9 always carry a knife
Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525483
03/11/22 10:59 PM
03/11/22 10:59 PM
Joined: Aug 2010
Posts: 10,787
Asheville, NC
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charles Offline
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Asheville, NC
Beef is competitive. Nobody has a corner on the market. We still have a free market. Don’t we get some beef from South America.

Venison ain’t cheep at my house. Sure is good to have a full freezer though.

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525485
03/11/22 11:00 PM
03/11/22 11:00 PM
Joined: Dec 2014
Posts: 605
North Dakota
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BFP Offline
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North Dakota
Originally Posted by nycoyoteman
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.

I worked for a butcher for awhile right out of high school. Two of us cutting one wrapping. We would do 2 1200 lb. Critters a day and be done by 2 o’clock. I’m sure packers are much faster with the machines they have nowadays

Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525487
03/11/22 11:02 PM
03/11/22 11:02 PM
Joined: Dec 2006
Posts: 29,750
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
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Joined: Dec 2006
Posts: 29,750
williamsburg ks
Those big beef processing plants in, Amarillo, Cactus TX, Hereford TX, Holcomb KS, Dodge KS, Liberal KS, Do multiple thousands of head a week, each.

Amarillo and Dodge both have multiple packers doing thousands of head a week each.


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Beef prices- where is the money going? [Re: danny clifton] #7525493
03/11/22 11:07 PM
03/11/22 11:07 PM
Joined: Dec 2021
Posts: 828
Indiana
C
CaseXX Offline
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CaseXX  Offline
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Joined: Dec 2021
Posts: 828
Indiana
Indiana Packers 200 semi's per day. Another plant one county east. Nephew owns the company that sanitizes the trailers between trips.


Rules:
Col. Jeff Cooper #1for a gunfight
Gibbs. #9 always carry a knife
Re: Beef prices- where is the money going? [Re: nycoyoteman] #7525501
03/11/22 11:15 PM
03/11/22 11:15 PM
Joined: Dec 2006
Posts: 29,750
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
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Joined: Dec 2006
Posts: 29,750
williamsburg ks
Casexx isnt that pork processing?


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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