Supersize: Ground beef price hits record high

The weather is beginning to warm up and one of our American favorite passtimes is grilling — heck, some of us may even be warming up the grill for this weekend’s March Madness Sweet Sixteen.

Well, if that’s the case, I wonder how many turkey or veggie burgers will be hitting the grill? Laugh you may, but here’s an interesting morsel you won’t hear many articulate in the liberal progressive media.

As reported by CNS News, “The average price of a pound of ground beef climbed to another record high in February, hitting $4.238 per pound, according to data released today by the Bureau of Labor Statistics (BLS). In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, according to the BLS. But by January 2015, ground beef hit $4.235 per pound and in February 2015, according to the latest data from the BLS, the price of ground beef hit the highest level ever recorded of $4.238.”

“A year ago, in February 2014, the average price for a pound of ground beef was $3.555 per pound. Since then, the average price has increased 19.2 percent in one year. Five years ago, in February 2010, the average price of a pound of ground beef was $2.277, according to the BLS. The price has since climbed by $1.961 per pound, or an increase of 86.1 percent.”

Why is this important? Because at a time when wages are being depressed, this represents one of those unseen cost increases dumped on struggling American families. We don’t hear enough about the rising costs of food commodity prices.

When I was in the Congress, I kept a data card showing the prices of milk, eggs, and beef to ensure I fully understood the rising trends. Along with rising energy costs – with fossil fuels under assault by the Obama administration – higher food costs hit lower income American families the most — you know, those folks who are supposed to be the focus of the liberal progressive left.

What are some of the factors? Let’s think outside the bun for the moment. Are costs rising because more corn is being used as a fuel source and not a food source for the purposes of feeding cattle? Could the collateral effects of quantitative easing — printing money as a monetary policy — result in a devaluation of the dollar?

Or maybe it’s just an assault on our right to grill. After all, we reported here about the EPA’s efforts to control gas BBQ emissions. And the White House has already looked into regulating cow flatulence (methane gas) as part of its climate change agenda. You laugh, but…

According to CNS News, “the overall Consumer Price Index measures the relative change in the prices of a basket of goods and services relative to a basis of 100. “The food index increased 0.2 percent in February,” said the BLS. “Also turning up in February was the index for meats, poultry, fish, and eggs, which rose 0.3 percent after declining slightly the prior month. The index for beef and veal rose 0.7 percent, its thirteenth consecutive increase.”

So I’d like to know, what are you experiencing? Are you finding it harder to fill up the grocery store cart? Where are you making sacrifices and foregoing certain food commodities? I remember growing up and how Mom would write our her grocery store shopping list — what does your shopping list look like? Are you eating out more than eating in as a family?

There are so many small indicators that our economy is on life support, breathing but in a coma. And at the end of the week we’ll out about our gross domestic product — there are already some rumors that it will be less than 2 percent. The GDP is down. The price of beef is up. And the U.S. debt keeps rising.

Heck, I could use a good juicy burger right about now!

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25 Comments on "Supersize: Ground beef price hits record high"

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Brigadier
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Timothy said it long ago:

1Tim 4:3 Forbidding to marry, and commanding to abstain from meats, which God hath created to be received with thanksgiving of them which believe and know the truth.

Lily Tylor
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Tread7
Guest

Everything is to damn High….obamanation!

None of your beeswax.
Guest
None of your beeswax.

Our family has switched to ground turkey because it’s sometimes over $2 less per pound and it actually tastes better and is better for you. We still make all of our classic recipes we simply began substituting for turkey instead and realized everything tasted better anyways.

TwinTurboTurtle
Guest

Being a Native American sportsman, my family subsides on meat from hunting. i hardly buy beef. We mostly eat elk, deer and other game animals. One elk can feed my family for a long time. Very little waste as we process everything. Ground elk has replaced ground beef in almost all our recipes. Though our local merchant has ground beef for $2.69/lb which is not bad but I think it’s only 70%, so a lot of shrinkage.

cmsland
Guest

Got some elk from a hunt in New Mexico last year. Back strap is my favorite cut.

lambda5555m
Guest

Not only does it make a difference with prices rising, but the items we are buying are shrinking and we are now getting less for more….

Guest
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usaok59
Guest

I eat less meat than I used to but the staples are being turned into poison by corporations. Wheat is off my menu, no sugar, no soy products; it’s getting harder and harder to find healthy foods. I am trying to grow a few of my own non-GMO veggies, but only have limited space for it.

Brendan
Guest

So Mr West is complaining that the cost of goods has gone up but that wages are going down.

So Mr West, if you think this is a problem, why do you continue to oppose the raising of the minimum wage?

Jeanne Ballard
Guest

Minimum wage either A)drives up the price of a service or product , or B) reduces the labor force needed to sell or produce a product or service, Ever start a business?

Tom
Guest

Brendan: IF you raise the minimum wage, where do you think the money comes from? That’s right. The small business owner who will raise prices and let people go. Cost of goods go up while income for most goes away or down because of lowering of hours. Haven’t owned a business have you. I have.

Brendan
Guest

I’ve run a business and been in charge of hiring, firing, and salaries… and history has proven you wrong

Jeanne Ballard
Guest

What kind of business was that?

Brendan
Guest

A live music nightclub, with over 50 employees

Tom
Guest

Wrong. It’s happening right now.

Subject: Re: Comment on Supersize: Ground beef price hits record high

MotherBatherick
Guest

Go back and read the part in the article about “quantitative easing”.

Uncle Ruckus
Guest

Mr West complains about everything!!!

MotherBatherick
Guest

With the Obama Regime devaluing our dollar, that scene in the movie Cinderella Man where Russell Crowe gives the only piece of meat on his plate (fried bologna) to his young hungry daughter comes to mind. It’s both sad and angering what Leftists have done to the health of our nation.

CheetoBuster
Guest

Obama has made life more difficult for the hard working American taxpayer, but made it easier for the ones who live off the backs of others. It just keeps getting worse. Could you imagine the firestorm the liberals would bring up if food prices were like this under Bush???

Reasonoverhate
Guest

Ever heard of high demand and low supply??? Why does West try to make a scandal out of EVERYTHING???

Jeanne Ballard
Guest

Because it is a scandal what Obama is doing to our economy and Congress is so afraid of him they are paralyzed to inaction

drunkcynic
Guest

What is causing the depression of supply? West notes that Corn is being diverted to ‘alternative fuels’ by mandate, artificially raising the price of feed grain for cattle.

lilbear68
Guest

heres a novel idea, buy a cheap roast and grind it your self

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