Conman: "SH, if it devalues the chuck, why does Tyson do it? Dance on over to Tyson and tell them how to run their business."
Why would I need to tell Tyson how to run their business when you are the arrogant #*@#&* that is continually telling others how to run their business? I'm not like you!
This issue is yet another example (heavy sigh) of your never ending ignorance.
The market for value added products from the chuck and round and the sales of chucks and rounds are limited by consumer demand in relation to the supply of those products. The surplus of chucks and rounds, that do not end up as value added products, have less value than the value added products. The surplus of chucks and rounds may be ground with 50/50 trim in some situations and most slaughter cows are but a far better situation would be if all chucks and rounds sold at a premium to ground beef. Unfortunately, The supply of chucks and rounds exceed the demand.
Consider yourself informed on this issue if you can comprehend it but that's doubtful considering your past ignorance.
Tyson, and the producers would be in a far better situation to import cheap lean trimmings and add as much value to as many of the chucks and rounds as we can.
Conman: "Are they so desperate with all the costs of holding 8 cent trim as to have to grind "valuable" chucks?"
What do you know about the costs of holding 8 cent trim?
Conman: "So is it your opinion that U.S. packers have to import lean trimmings from foreign sources so they can "get rid" of the 8 cent trim?"
No, it is A FACT that "SOME" U.S. packers import "SOME" lean trimmings from foreign sources so they can "ADD VALUE" to a product (50/50 trim) that is virtually worthless otherwise.
As the value of U.S. chucks and rounds increases due to value added products from chucks and rounds or due to increased value for the chucks and rounds themselves, more demand is placed on foreign beef as a source of "CHEAP" lean trimmings.
You still can't grasp the concept can you? You still can't get past the word "IMPORT" can you? I didn't think so!
Sandbag: "I provided the proof. Look at my figures and tell me where I'm wrong."
BULL!
You provided proof of the value of 50/50 trim AS A VALUE ADDED PRODUCT (70/30 lean ground beef), not AS A STAND ALONE PRODUCT which is what my statement ("worthless") was referring to.
Typical of your deceptive slithering ways you spin your own interpretation of what was actually stated!
Sandbag: "OK, if product is worthless until it is properly processed, your cows (if you indeed have any) are worthless as well. You can't eat a live cow, can you? I'd be happy to give you 8 cents/lb for them - heck, it's Christmas and I know you're $100 short, I'll double it and give you 16 cents."
Why do you insist on being such a dumbass?
The value of cows is determined by the value of the beef and beef by products that is derived from those cows. If those products could not be sold that cow would be worthless. If 50/50 trim was not blended with lean trimmings to add value to it, that too would be worthless.
The value 50/50 trim is determined by the value of the leaner beef they are blended with.
As a stand alone product, 50/50 trim is virtually worthless. That is a fact and you will not refute that fact.
Sandbag: "You think you have something with your $2 chuck deal? FACT: I can buy chuck for $1.99 today. If you want to make a big deal that chuck could be over that price some time, you had better also recognize the price for the burger could be over $1.79 as well. It's all reletive."
"Relative", not "reletive" Mr. Banker.
If you think that a good businessman grinds a $1.99 chuck to sell it for $1.79 as ground beef, you are a bigger idiot than I thought.
The chucks and rounds that are ground are those that cannot sell for $1.99. If you knew anything about the retail beef industry, you would know that.
Sandbag: "Let my make my point again - you're full of crap claiming trim is worth only 8 cents. Completely and totally full of crap and I'm having a good time wih it. I just did some math for you to prove it. Do you want to dispute my numbers? Another shoot down of your comment - why would packers pay for refrigeration and storage on something worth 8 cents?"
Let me state a fact again. You don't know sh*t about the packing industry. That is a fact.
Secondly, 50/50 trim is worthless as a stand alone product. That too is fact. The value in 50/50 trim is due to the ability to change it to 70/30 or higher lean ground beef by blending lean trimmings with it.
Sorry this is so difficult for you to comprehend.
~SH~