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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (126943)5/27/2019 3:20:25 PM
From: the longhorn5 Recommendations

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  Read Replies (1) | Respond to of 206723
 
Yes, I agree....choice is a good grade...just a notch below prime. Select is number 3 and the standard. The low grades..from older animals and non meat breeds...are canner and cutter. Those go into lower cost hamburger, stews, canned meats, dog food. Over the years I doubt if I've ever raised a prime animal. I do raise a few choice every year. Takes good genetics and good grazing conditions.

What I wrote is a little harsh on the industry. Actually our ag system has managed to achieve reasonable quality at relatively low cost. Such that we Americans spend a very low per cent of our budget on food. Canada and the US have been very good at this. And what folks are willing to spend is a personal matter...taste, income, perceptions of health issues. Much of what the industry does I can live with personally. I'm a cheapskate and so are most of the folks where I live. My neighbors happily go to Walmart to buy Chinese produce to save a buck. So I have to keep my prices on the low side. If I were to go ultra pure, my costs would shoot up. I do worry about the long term consequences of roundup and genetic engineering like gmo. The meat industry didn't invent that...it was Farmer Monsanto and a few other companies.