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Anecdotal but at Costco the other day all beef was sold out except the prime cuts. I ended up buying some after noticing the price wasn't much higher than what
by 01100011 7y ago
Anecdotal but at Costco the other day all beef was sold out except the prime cuts. I ended up buying some after noticing the price wasn't much higher than what I used to pay. Now, granted, I don't remember what prime meat used to cost, so maybe it was always competitive at Costco?
- cryptonector 7y agoOn the day the President declared a national emergency, all the meat was sold out at the local HEB, even the wagyu stuff -- everything. But that was... two weeks ago, and it was probably the start and peak of food panic buying? Today at the local H-Mart there was plenty of everything.
- 01100011 7y agoNo doubt the supply chain is catching up. I think things will be fine for many commodities, especially less labor intensive ones like staple crops. I worry about meat, because, AFAIK, it is fairly labor intensive. I think we may see shortages and price increases in a month or two if the virus doesn't subside.