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04-17-2014, 07:18 AM | Topic Starter |
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Beef, Pork And Shrimp Prices Soar To Record Highs
We previously noted that both beef and pork (courtesy of the affectionately named Porcine Epidemic Diarrhea virus) prices have been reaching new all time highs on an almost daily basis. It is time to update the chart.
... pork ... and shrimp. Prices for shrimp have jumped to a 14-year high in recent months, spurred by a disease that’s ravaging the crustacean’s population. At Noodles & Co., a chain with locations across the country, it costs 29 percent more to add the shellfish to pastas this year, and shrimp-heavy dishes at places like the Cheesecake Factory Inc. are going up as well. Restaurant chains, already struggling with shaky U.S. consumer confidence, are taking a profit hit as prices climb. Even worse, the surge is happening during the season of Lent, when eateries rely on seafood to lure Christian diners who abstain from chicken, beef and pork on certain days. “It’s coming at a tough time for the industry,” said Andrew Barish, a San Francisco-based analyst at Jefferies LLC. “With the Lenten season, what you’ll see out there is a lot of promotions with seafood, and usually shrimp is a big part of that.” |
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04-17-2014, 07:21 AM | #2 |
You Sweetie!
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04-17-2014, 07:28 AM | #3 |
Banned
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nb4 post blaming federal reserve
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04-17-2014, 07:35 AM | #4 |
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I think the young people enjoy it when I "get down," verbally, don't you? |
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04-17-2014, 07:53 AM | #5 |
Rockin' yer FACE OFF!
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Prolly global warming and such.
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04-17-2014, 07:29 AM | #6 | ||
Mindful Taoist German
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Eat chicken n' go fish'n...
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04-17-2014, 07:33 AM | #7 |
'Tis my eye!
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04-17-2014, 07:38 AM | #8 |
In Search of a Life
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04-17-2014, 07:39 AM | #9 |
'Tis my eye!
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04-17-2014, 07:40 AM | #10 |
You Sweetie!
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04-17-2014, 07:31 AM | #11 |
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I figured something was up when the wife brought home the bag of shrimp we normally get and told me it was $65.00 when it usually $40.00. I thought it was interesting.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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04-17-2014, 07:32 AM | #12 |
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Bacon
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04-17-2014, 07:47 AM | #13 |
Beyond the Rapids
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nb4 BP lied, shrimp died
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04-17-2014, 07:49 AM | #14 |
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I actually heard that the real reason for the higher shrimp prices is Fukushima.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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04-17-2014, 07:57 AM | #15 |
'Tis my eye!
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