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The Economics of Beef - Intro

9/18/2023

6 Comments

 
We are inundated with it right now - financial news. 

Bank failure, this.
          Inflation, that.
                   Unemployment, the other. 

It seems like the subject is both ever-present and pervasive. Our financial system(s) are always teetering on something. Small moves by the Fed seem only to exasperate things. And each has a trade off - raise the rates and we get too much inflation, lower them and M2 goes thru the roof - what is a Jerome to do?

Well, we won't tackle any of that today, or in this series - it would be an endless discussion and quite frankly, one this Rancher is quite unqualified to entertain.

Nope. Not now...

However, what I would like to talk about in this series, is the economics of Beef - what determins the price of beef at the supermarket? Why has it increased? What does the future hold? I expect it to be about three parts, for those of you who are card-carrying members the SonRise Cult following (yes, you know who you are).

In Part 1 - I'd like to address how Cattle are priced and how that translates to the cost of meat and what you pay at the supermarket. 

For Part 2 - I think it would be good to examine what can go wrong with our current system and how that might make getting meat difficult, or very expensive in the near future.

And, for Part 3 - I'd like to tackle the subject of solutions - yes, this will be a shameless pitch for supporting a local food system, but hey, I really wouldn't be able to effectively address something I don't really believe in, so, if you don't want the series to conclude with a viable solution, just skip this one and move some other unhinged, lunatic blogger - sorry, I just have to own this.

In between these episodes, I'll be offering a commercial break for entertainment - subjects like a "how to" for Sous Vide cooking and a deep dive into soils and plant cover on the Ranch. 

Oh, and one last warning - this is all somewhat extemporaneous. Meaning, that I am writing this as I go.

That means that Part 1 might accidently turn into a three part sub-series if I find my feeble brain writing checks regarding some distant memory on how we buy and sell cattle that my arthritic hands can't cash.

So, you've been warned - a fleeting thought might collide with the teacher in me, who determines the subject so beneficial that it must turn into two, smaller, sub-posts rather than one, single long-winded pontificating professor's lecture that you could use as a night-time sleep aid.

So, stay tuned and lets dive in...

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