I just have to share this! I was talking to some friends about buying a whole cow from a farmer, having it slaughtered and cut up by a butcher, then the meat hung to cure (remove any odors), packaged and given to me. In the long run, with the cost of slaughter and butchering, I figured I could get some good, fresh meat to fill my freezer at around 80 cents a pound. Meat that would normally sell for $2.98 in a grocery store freezer!
Not knowing much about cows, except for knowing what they are, look like and a little about handling them, I was taken to a cattle farmer who dealt often with commercial slaughter houses. I was told that his asking price for meat on the hoof was 30 CENTS a POUND!!! … walking.
Butchered out by a local butcher, including trading him parts like hide, entrails, head, long bones, hooves and tail, including hanging the meat for 24 hours in his cool room after basic sectioning, then wrapping it for me to pick up, brought the cost to 60 cents a pound! (Including wastage, and there is like hardly any of that.)
I did the final sectioning up at home and have a freezer full of prime, grade A beef, bones for rich soup, scraps for hamburger and chunks for stew meat.
Total cost: $480.
Normal retail price for what I got, sold in the cooler of someplace like Walmart: $1000 to $15000.
I had always thought that beef was sold to market at something like 60 cents a pound and then additional costs added on another 30 or 40 cents, then the retailer tagged on at least a 90 to 100% markup, more in the case of certain prime cuts, like 3 to 400%. ($4.00 a pound for porterhouse and $6 for top sirloin)?
Retailers buy beef in bulk at less than what I paid for it because meat beef is pretty cheap to raise, some of the cost being deducted by the sale of milk and veal. Feed is cheap and in some areas, mainly grass, hay and corn.
So, pretty much what I’m saying is that ever since the beef crisis in the middle 70’s, that ran price up enormously, the retailers discovered that people will pay any price for beef, so when the prices dropped on the hoof, the counter prices dropped only minimally.
I have better, fresher beef than you buy in the grocery store, probably more safely prepared than in the huge factories, handled less than those prepackaged chunks you buy in Walmart for much less money.
We’re being skrued by retailers and inflation be damned because inflation is uneven in what it includes. (Most company cutbacks I’ve observed are not because the business is making no profit or loosing money, but that they want to make more profit in less time.)
I don’t know about you, but when my freezer runs empty, I’ll be calling up my butcher and visiting a beef farmer again.
Have you seen the wholesale price on pork on the hoof lately? The butcher will bargain for the hide, hooves, head, entrails, tail and as much fat as he can trim off. He’ll sell all of that to his customers at a fine price.
All of the meat retailers may kiss my *&%!! Now, pardon me, I have some prime one and one half inch thick steaks on the grill that need tending to.