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06-05-2018, 08:26 AM | #1 |
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Ham and butt about to get cheaper
https://www.reuters.com/article/us-u...source=twitter
Mexico retaliates tariffs on steel and aluminum with a 20% tariff on American pork legs and shoulders. Adding China and Russia to the list, it's shaping up to be the summer of pork.
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06-05-2018, 09:11 AM | #2 |
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which is good, but long term, not so sure
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06-05-2018, 09:35 AM | #3 |
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My thinking is that this is a tactical move in the process of renegotiating NAFTA. I don't think that the tariffs are going to be long term. Just enough to depress pork prices for the rest of the year IMO.
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Every time you think you've become too cynical, the world finds a way to teach you that the real problem is that you haven't become cynical enough Free speech is free speech is free speech. There is no qualifier. If you aren't outraged, you aren't paying attention. Never attribute malice to that what can be explained as stupidity. Unborn lives matter too. |
06-05-2018, 03:31 PM | #4 |
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if it was limited to NAFTA members I would be more inclined to agree with you. Farmers live on narrow margins, and markets equilibrate as suppliers move to supply things which are profitable.
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06-06-2018, 03:18 AM | #5 |
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Considering that the US tariffs are against Canada and Mexico, that's what led me to believe that it's part of renegotiating NAFTA.
The tariffs on China and the EU have been threatened, but not yet implemented. China and Russia have halted pork imports due to porcine encephalitis and should be lifted soon. Even so, the freezers are already full and the product is going to have to move. I've already seen $0.99 butts, $1.68 loins, and $1.79 baby back ribs this summer.
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Every time you think you've become too cynical, the world finds a way to teach you that the real problem is that you haven't become cynical enough Free speech is free speech is free speech. There is no qualifier. If you aren't outraged, you aren't paying attention. Never attribute malice to that what can be explained as stupidity. Unborn lives matter too. Last edited by BigO; 06-06-2018 at 05:47 AM. |
06-06-2018, 11:58 PM | #6 |
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Sausage may take a dive that is unprecedented. Ham and other whole meat are going to be more affordable, and all of those low grade chops and other stuff will still be there. Will we see chops going for half a buck a pound, or will we see the stuff ground for sausage, processed, and sold for about three times that much? Sausage can go into frozen storage until the prices go up, to a certain extent.
Looking forward to fifty cents a pound bratwurst. Bacon? That stuff is never going to go down. Gold, gas, even temperatures go down, but bacon? that's going to be at the top forever. |
06-05-2018, 01:47 PM | #7 |
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Lots of hungry Mexicans.
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06-05-2018, 03:27 PM | #8 |
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Hunger and political oppression push people from their homes to search for a better world, often they will do any job to accomplish that
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"Success is not final, failure is not fatal: it is the courage to continue that counts." - Sir Winston Churchill "A sick thought can devour the body's flesh more than fever or consumption." - Guy de Maupassant |
06-10-2018, 05:32 PM | #9 |
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Time to ham it up.
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06-10-2018, 05:32 PM | #10 |
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I bacon a joke:
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