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Old 06-28-2022, 10:00am   #1
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Default Cost of 4th of July cookout up 17%

Last year the Administration along with their lap dogs in the press touted how they saved us about .16 in the cost of a cookout. ( they forgot to mention the cost of gas to get the supplies made that irrelevant. )
Do you think they will tell you this?

Gas up from 2.99 to 4.44.

I wonder if this will make the news as well.

https://finance.yahoo.com/news/cost-...trk=fb&tsrc=fb

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WASHINGTON, June 27, 2022 /PRNewswire/ -- U.S. consumers will pay $69.68 for their favorite Independence Day cookout foods, including cheeseburgers, pork chops, chicken breasts, homemade potato salad, strawberries and ice cream, based on a new American Farm Bureau Federation marketbasket survey.


The average cost of a summer cookout for 10 people is $69.68 or less than $7 per person. The overall cost is up 17% or about $10 from last year, a result of ongoing supply chain disruptions, inflation and the war in Ukraine.

Farmers are feeling the price-point pain too, like the people they grow food for, according to AFBF Chief Economist Roger Cryan.

"Despite higher food prices, the supply chain disruptions and inflation have made farm supplies more expensive; like consumers, farmers are price-takers not price-makers," Cryan said. "Bottom line, in many cases the higher prices farmers are being paid aren't covering the increase in their farm expenses. The cost of fuel is up and fertilizer prices have tripled."

Cryan also pointed to the cascading effects of the war in Ukraine, as that country's contributions to global food security are cut off, Russian and Belarusian fertilizer exports are constrained, and some other countries pull back exports to protect their domestic supplies.

The largest year-to-year price increase was for ground beef, at $11.12 for 2 pounds, up 36%. Meanwhile, the Agriculture Department's Producer Price Index indicates that compared to a year ago, farm-level cattle prices are up 17.5%, but wholesale beef prices are down 14%. This serves to highlight the differences between farm-level, wholesale and retail beef prices and how the events of the last few years have had significant impacts on the beef production and cattle pricing cycles, making them all hard to predict.

Commenting on big picture concerns related to food security, AFBF President Zippy Duvall said: "The increased cost of food and supplies is a very real concern in our country and across the globe. U.S. food assistance programs and food banks help those who struggle to make ends meet here at home, but the story is much different around the globe as food insecurity skyrockets. The big impact of a single event in Ukraine shows how dependent the world is on stable, productive agriculture."
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Old 06-28-2022, 10:08am   #2
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They should include disposable plates, cups and utensils as they're way up also.
Then throw on propane, charcoal, etc costs.

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Old 06-28-2022, 10:18am   #3
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From last year.


https://www.rt.com/usa/528271-jen-ps...s-july-fourth/
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Old 06-28-2022, 7:31pm   #4
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Personally, I’m hoping it reduces the fireworks. Bright sides and such.
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Old 06-28-2022, 7:50pm   #5
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Personally, I’m hoping it reduces the fireworks. Bright sides and such.
In 2020 when all the 4th Celebrations were cancelled fireworks sales were off the chart.
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Old 06-28-2022, 9:01pm   #6
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Personally, I’m hoping it reduces the fireworks. Bright sides and such.
So you’re one of THOSE people.
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Old 06-28-2022, 9:52pm   #7
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So you’re one of THOSE people.
One of my dogs hates them so I’m not a fan. Also, a bunch of tax donkeys and government dependents celebrating Independence Day seems pretty ridiculous.

Maybe instead of blowing capital on Communist Chinese firecrackers, they could invest it in something productive? Or not. UBI is just around the corner and student debt forgiveness is happening. Let’s party.
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Old 06-29-2022, 12:03pm   #8
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Bullshit. Inflation where I live is 30-100%. The "8%" inflation quoted by the news is a monthly increase. I'm paying $1 more for a 3 dollar item and $6 more for a pound of ribeye. That is not '16%'.
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Old 06-29-2022, 12:54pm   #9
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Bullshit. Inflation where I live is 30-100%. The "8%" inflation quoted by the news is a monthly increase. I'm paying $1 more for a 3 dollar item and $6 more for a pound of ribeye. That is not '16%'.
I agree especially if you go back 2 years everything is 25% more minimum. Alot is 30 to 50% higher.
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