Word: beefing
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Dates: during 1970-1979
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...rest. Nixon was being a bit casual with his statistics. In fact, the farmer gets 400 of the food dollar (see chart, page 22). He does even better on relatively unprocessed foods like meat, raw vegetables and fruit. Ranchers pocket about two-thirds of the retail price for beef, which accounted for the biggest chunk of the February price surge...
Chasing Animals. The so-called middlemen undoubtedly have pocketed their share too, and there are a lot of middlemen. In the case of beef, animals are sold by the rancher to a feedlot operator, who fattens stock for several months before selling it to a slaughterhouse. The carcasses are then sold to companies called breakers, which divide the meat into standard cuts and market it to stores...
...fresh-meat and poultry prices. Officials of Safeway Stores and Acme Markets started to trim some meat prices. In the normal meat-producing cycle, prices should decline slightly in the next few months because farmers have been boosting production to take advantage of high prices. The price of choice beef cattle has already dropped, from a 20-year high of $36.76 per hundredweight in mid-February to $34.62 last week. Agriculture experts foresee some decline in retail beef prices-perhaps down to the level during the freeze-but warn that pork will remain in short supply and therefore expensive...
...horror--The Best in the Cellar, for example--and have a meal afterwards. His favorite place was a little dive just outside Soho (which caters to tourists and has higher prices) where for about a dollar you could get an entire chop-suey meal. Having chosen between chicken or beef chop suey and orange or tomato juice, Barrie would resume the conversation he had begun as we walked out of the movie house...
...need to woo the farm vote seems likely to keep the Administration from raising the voluntary quotas enough to make much difference. Speaking to the National Livestock Feeders Association in Omaha last week, Agriculture Secretary Earl Butz declared: "I say, isn't it about time that beef prices got up to levels of 20 years ago? After all, farmers' costs are 50% higher than 20 years...