Both man & beast are being cut-off : Beef prices at record highs as cold weather hits cattle herds

Greetings,

America is falling. She can’t produce any goods that anyone wants expect weapons. She can’t produce jobs for the peoples’ livelihood. She can’t house the people due to evil and greed. She can’t even feed her own anymore due to divine chastisement.

There is no end to her plagues. She is under the gun at every turn. I ask you this….”Why should not America be chastised for her evils done to the    so-called Negroes? If God destroyed ancient Babylon for the mockery made of the sacred    vessels taken from the Temple in Jerusalem, what do you think Allah (God) should do for    America’s mockery of the so-called Negroes — that she took from their native land and    people and filled them with wine and whiskey.”–Chp.118(m.t.t.b.m.)

Allah (God) is going to repay them according to their doings. So as the scriptures and the word of God teaches us, “As God says: “Son    of Man, when the land (people) sinneth against Me by trespassing grievously, then will I    stretch out Mine hand upon it, and will break the staff of bread thereof, and will send    famine upon it, and will cut off man and beast from it” (Ezekiel 14:13).

  We see with our own eyes — but, the wicked    Americans are too proud to confess that they see the bread of America gradually being cut    off. Take a look into the southwest and Middle West, see the hand of Allah (God) at work    against modern Babylon — to break the whole staff of her bread for her evils don against    His people (the so-called Negroes).”–Chp.118(m.t.t.b.m.)

 Beef prices at record highs as cold weather hits cattle herds

Reuters

Beef prices are sizzling hot thanks to cold weather. The price of choice-grade U.S. beef at wholesale has set a new high.

Toru Hanai / Reuters
Beef prices are sizzling thanks to cold weather. The price of choice-grade U.S. beef at wholesale has set a new high.

The price of choice-grade U.S. beef at  wholesale has set a new record as already tight supplies were  further squeezed by harsh weather that reduced the number of cattle coming to market in parts of the country.

The wholesale price, or cutout, for choice beef on Thursday hit $212.05 per  hundredweight (cwt), eclipsing the record of $211.37 last May,  according to the U.S. Department of Agriculture.

Retail beef prices in November climbed to $5.41 per pound, topping the $5.36 October record, according to monthly data compiled by USDA that will be updated on Jan. 16.

“Tight beef supplies is the underlying principal factor,” said University of Missouri livestock economist Ron Plain.

Packers hiked the price of beef it sells to grocers and restaurants after last week paying up to $138 per cwt for slaughter-ready cattle in  the Plains—also a record high, he said.

The U.S. herd, at a  61-year low after years of drought, forced processors to spend more for  supplies. Additionally, ice and snow-packed roads snarled transportation  of cattle to packing plants.

Accompanying temperatures at  historic lows slowed down cattle weight gains, making them less  available to major meat processors such as Cargill and Tyson Foods.

“The weights have been coming down and we started placing fewer cattle  in feedlots last summer, so eventually we had to tighten supplies up,”  said Steve Meyer, president of Iowa-based Paragon Economics.

Economists said record-high beef cutout values should come as no  surprise given the scare supply situation that could keep retail beef  prices at or near record highs through 2014.

Analysts and economists said recent changes in the way USDA calculates  the wholesale price for specific cuts of beef likely helped drive up  the overall cutout value.

“The real story is we’re not going to have as much beef this  year as we had last year,” said Meyer

Source: www.nbcnews.com

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