Oh, the good ol' days...

[02ebz06]

Remember when you could get a rack of ribs for $6.00 ?
Found this pic from 2017.

 

[SmokinEdge]

Awh, yes things, a lot of things were different then before 2020. Ridiculous.

 

[JckDanls 07]

And they were making a profit back then... Just think what they are making now... Ridiculous ...

Like Oil refinery's... A 3 billion dollar profit PER QUARTER isn't enough... "We need to raise prices.. We didn't meet our goal of 5 billion this quarter" ...

BULLSHIZZET

 

[SmokinEdge]

And they were making a profit back then... Just think what they are making now... Ridiculous ...

Like Oil refinery's... A 3 billion dollar profit PER QUARTER isn't enough... "We need to raise prices.. We didn't meet our goal of 5 billion this quarter" ...

BULLSHIZZET

True That, but that said,,,,

Inflation is effecting their bottom line too. Corporations don’t pay for tax increases or inflationary extra cost, but rather the consumer pays that. We the people pay for everything in the end.

 

[texomakid]

Caught these on sale 2 weeks ago. Local Brookshires runs these, St. Louis cut, & BB on sale pretty regularly. Spares are my favorite!!! I'm still finding bargains here and there.

 

[JLeonard]

I miss those days of 0.79/pd pork butts! Now I get excited if I see one less than $2.00/pd.

Jim

 

[sawhorseray]

I just bought four racks of BB's for $24 and change, $1.77lb, smoked one on the kettle yesterday. The good deals are out there, just have to dig a little harder to find them. RAY

 

[chopsaw]

It all goes up and down . Always has . Just need to track what it's doing and buy
at the best price you can get .

 

[Hijack73]

I remember getting very pissy when brisket went from .99 (not on sale) to 1.49/1.59 - it jumped pretty much overnight and then when the acoughalypse hit it went from 1.99 to over 5 bucks (both Sams and wally)

 

[forktender]

Remember when you could get a rack of ribs for $6.00 ?
Found this pic from 2017.

View attachment 696381

I just bought a 3 pack of Swift baby backs at Costco $32.
Then I figured I may as well pick up a single rack at the supermarket to make it an even four racks, they wanted $24 for one rack of baby backs, same brand........SCREW that, I'm not paying that much for one rack.

 

[02ebz06]

I saw those at Costco too. Passed because I didn't want 3, and also didn't want to spent $16 for rib meat and $16 for the bones .

 

[Torch&Tone]

True That, but that said,,,,

Inflation is effecting their bottom line too. Corporations don’t pay for tax increases or inflationary extra cost, but rather the consumer pays that. We the people pay for everything in the end.

JBS had a record net profit of $4.4 billion for the 12-month period ending March 31, 2022 — a 70% increase over the previous 12 months.

Tyson had a record $4.1 billion net profit for the year ending March 31, 2022 — a 91% increase over the previous 12 months.

Cargill is a privately-held company and isn’t required to publicly report its financial information. Bloomberg reported last August that confidential financial documents showed Cargill delivered a record $4.9 billion in net income for its fiscal year ending May 31, 2021 — up 60% over the previous 12 months.

Marfrig reported a net profit of $820.1 million in 2021, a 32% increase over 2020. "This was our largest profit ever," the Brazilian-based company said in its annual report. Net income dropped during the first quarter of 2022 due to the company’s $360 million stock purchase in BRF, a Brazilian poultry and pork processor. Even so, Marfrig’s chief financial officer said it was the company’s "best operational first quarter."

(via Politifact mid-2022)

A significant component of the inflation spike was corporate brazenness in jacking up prices just because they could. However, greedflation is absolutely a ratcheting mechanism, as shareholders now *expect* these numbers to continue.

 

[JckDanls 07]

Yep.. And they are saying"Well,Hell, If they are still buying at these inflated prices. Lets just continue charging them out the yingyang"...

IT'S BS ...

 

[fxsales1959]

Remember when you could get a rack of ribs for $6.00 ?
Found this pic from 2017.

View attachment 696381

picked up 4 slabs of BB's at W/D this morning. avera2ge price was less than $7 arack. q rack.

 

[Torch&Tone]

 

[02ebz06]

Poor guy, how can he afford to live on that paltry income.