Sandhusker
Well-known member
I posed a simple question on the basics on economics. Demand remaining constant, wouldn't less supply equal higher prices?
Sandhusker said:I posed a simple question on the basics on economics. Demand remaining constant, wouldn't less supply equal higher prices?
gcreekrch said:Sandhusker said:I posed a simple question on the basics on economics. Demand remaining constant, wouldn't less supply equal higher prices?
Possibly.
Under current situations, the end user in the food chain is reluctant/unable to buy expensive cuts. As we all know, we may not share in profits but we definately share in difficulties.
Can the US feed itself today? I'm not sure.
Sandhusker said:gcreekrch said:Sandhusker said:I posed a simple question on the basics on economics. Demand remaining constant, wouldn't less supply equal higher prices?
Possibly.
Under current situations, the end user in the food chain is reluctant/unable to buy expensive cuts. As we all know, we may not share in profits but we definately share in difficulties.
Can the US feed itself today? I'm not sure.
While increasing supply would have the effect of pressuring prices to the benefit of consumers, that same price pressure chokes revenues to the producers. Thus, coming back full circle, while the trade imbalance with Canada may benefit US consumers, it hurt US producers, which logically explains the concern US producers may have with that imbalance. Simply put, it takes money out of their pockets.
Big Muddy rancher said:Sandhusker said:gcreekrch said:Possibly.
Under current situations, the end user in the food chain is reluctant/unable to buy expensive cuts. As we all know, we may not share in profits but we definately share in difficulties.
Can the US feed itself today? I'm not sure.
While increasing supply would have the effect of pressuring prices to the benefit of consumers, that same price pressure chokes revenues to the producers. Thus, coming back full circle, while the trade imbalance with Canada may benefit US consumers, it hurt US producers, which logically explains the concern US producers may have with that imbalance. Simply put, it takes money out of their pockets.
Why does the US import anything? You could live without any imports just not quite like you do today. If you guys are so patriotic you should buy American no matter the cost.
Oldtimer said:Big Muddy rancher said:Sandhusker said:While increasing supply would have the effect of pressuring prices to the benefit of consumers, that same price pressure chokes revenues to the producers. Thus, coming back full circle, while the trade imbalance with Canada may benefit US consumers, it hurt US producers, which logically explains the concern US producers may have with that imbalance. Simply put, it takes money out of their pockets.
Why does the US import anything? You could live without any imports just not quite like you do today. If you guys are so patriotic you should buy American no matter the cost.
We're trying to take the first step in that process- truthful labeling of the origin of meat products- so the multinationals can't pass off product from Timbuktu or wherever as US product (like it sounds like they are doing in Canada too)...
Consumers can't make a choice- and producers can't promote a product if it is not truthfully labeled or is legally being counterfeited...
Big Muddy rancher said:Oldtimer said:Big Muddy rancher said:Why does the US import anything? You could live without any imports just not quite like you do today. If you guys are so patriotic you should buy American no matter the cost.
We're trying to take the first step in that process- truthful labeling of the origin of meat products- so the multinationals can't pass off product from Timbuktu or wherever as US product (like it sounds like they are doing in Canada too)...
Consumers can't make a choice- and producers can't promote a product if it is not truthfully labeled or is legally being counterfeited...
How ,amy times did you tell us your local butcher shop threw the boxes with a Maple Leaf on them out the back door and sold USA beef? :wink:
Big Muddy rancher said:Oldtimer said:Big Muddy rancher said:Why does the US import anything? You could live without any imports just not quite like you do today. If you guys are so patriotic you should buy American no matter the cost.
We're trying to take the first step in that process- truthful labeling of the origin of meat products- so the multinationals can't pass off product from Timbuktu or wherever as US product (like it sounds like they are doing in Canada too)...
Consumers can't make a choice- and producers can't promote a product if it is not truthfully labeled or is legally being counterfeited...
How ,amy times did you tell us your local butcher shop threw the boxes with a Maple Leaf on them out the back door and sold USA beef? :wink:
Sandhusker said:gcreekrch said:Sandhusker said:I posed a simple question on the basics on economics. Demand remaining constant, wouldn't less supply equal higher prices?
Possibly.
Under current situations, the end user in the food chain is reluctant/unable to buy expensive cuts. As we all know, we may not share in profits but we definately share in difficulties.
Can the US feed itself today? I'm not sure.
While increasing supply would have the effect of pressuring prices to the benefit of consumers, that same price pressure chokes revenues to the producers. Thus, coming back full circle, while the trade imbalance with Canada may benefit US consumers, it hurt US producers, which logically explains the concern US producers may have with that imbalance. Simply put, it takes money out of their pockets.
mwj said:OT I think I mentioned before that you were just as guilty as the butcher when you said nothing. Actually you were worse since you say you are a spokesman for the American cattle producer.