Friday, May 22, 2015
Quincy, IL News - QuincyJournal.com

Recent Comments

Quijote57 - Paid Ferguson protesters still waiting for the check - Quincy, IL News - QuincyJournal.com
Violence against violence only leads to more violence. Perhaps putting Soros or others responsible behind bars with the criminal element of the black community would be more justified than outright slaughtering of possibly innocent protesters.
qhs02 - Quincy School Board to re-bid QHS construction - Quincy, IL News - QuincyJournal.com
One bid was from Quincy and one was from out of town. The bids were almost identical. Apparently the new manager didn't even "want" to take this to bid. So if we are paying some project manager from out of town who is hesitant or incapable of using RFP's effectively then the problems have already started without so much as a shovel getting a scratch on it.
eaglebeaky - Video: Your Favorite David Letterman Memories - Quincy, IL News - QuincyJournal.com
Mr. Letterman's heartfelt 2002 appreciation of the late/great Warren Zevon is some of the best television that I have ever seen (Gawker posted an article about it earlier today, and I can honestly say that it still gives me chills to watch those clips.) http://gawker.com/remembering-warren-zevon-on-let...
DaveVictor - LaHood / Flynn debates in question - Quincy, IL News - QuincyJournal.com
I'll set up the meeting for you.
Righty1 - Video: Your Favorite David Letterman Memories - Quincy, IL News - QuincyJournal.com
Love that this arrogant ass is gone!!

Most Popular

Local McDonalds changing hands QJ Original

Criders in court

Quincy School Board to re-bid QHS construction

Is the Humphrey murder a Black issue only?

LaHood / Flynn debates in question

National Study Quantifies Impact of Kroc Centers

The absent black father myth—debunked by CDC

Amtrak Train Possibly Hit Before Wreck

Consumers willingness-to-pay for meat down ahead of Memorial Day

1 year ago by Scott Hardy

from CattleNetwork.com

Hamburgers

Mary Soukup, Editor, Drovers CattleNetwork 05/19/2014 

With the official start to grilling season less than a week away, the U.S. Department of Agriculture is reporting that more retail outlets are offering special rates to consumers who, according to the latest Food Demand Survey from Oklahoma State University’s Department of Agricultural Economics, indicated they were not willing to dig as deep into their wallets as they were in previous months.

The monthly survey of approximately 1,000 individuals collects data on consumer’s willingness-to-pay for a variety of food items. This month’s survey shows a decreased willingness-to-pay for all products, with steak, chicken breasts and chicken wings experiencing the largest decreases. For beef specifically, in May 2014, consumers indicated a willingness-to-pay $6.35 per pound for steak, compared to $6.87 in April, a decrease of 7.58 percent. For hamburger, consumers said they were willing to spend $4.17 in April but just $4.07 in May, a 2.4 percent decrease.

According to the USDA Weekly Retail Beef Feature Activity report for the week of May 16-22, 2014, there is a 2.2 decrease in the number of retail outlets featuring beef but a 4.5 percent increase in special rates. Additionally, USDA reports the overall activity index increased 1.5 percent compared to the previous week. The agency says grilling cuts continue to stand strong in retail feature activity, with Chuck, Round, Loin and Ground beef items receiving more ad space this week leading up to Memorial Day while the Rib and Brisket saw less ad space.

“Beef drives traffic to stores and the meat case during the grilling season,” said Mike Miller, senior vice president of global marketing and research for the National Cattlemen’s Beef Association. “Americans say they’re twice as likely to visit a grocery store that’s promoting beef for grilling, over a store that promotes any other protein. Nothing delivers a satisfying meal quite like a sizzling steak or a burger, particularly as Memorial Day and summertime approaches.”

Ground beef 70-79 percent lean was featured in 1,240 retail outlets with an average price of $2.73 per pound; 80-89 percent lean Ground beef was featured in 4,410 stores nationwide with an average price of $3.50 per pound; and 90 percent or higher leaner product was featured in 2,130 stores with an average price of $4.70, according to USDA. At this time last year, average prices for Ground beef were $2.63 for 70-79 percent lean, $3.30 for 80-89 percent lean, and $4.39 for 90 percent lean or higher.

“Demand for beef is strong and continues to grow, even in a time of higher prices,” said Miller. “Like all proteins, the price of beef has gone up, but if you compare them to the same time a year ago, the average price of beef has increased $0.25 per pound, which amounts to just about six cents more per serving.”

The OSU survey reports that consumers were most concerned with E. coli, Salmonella and hormones during May but greenhouse gases and GMOs experienced the greatest percentage increase from the previous month. Taste, safety and price continue to be consumers’ top values related to their food purchasing decisions. In May, 3.35 percent of participants reported having food poisoning, a 5.9 percent decrease from April.

According to the survey, grocery expenditures this month were $96.34 per week, up 5.08 percent from April. The survey also showed that $50.15 is spent on food away from up, up more than 10 percent from April. Consumers said they anticipate spending less on food in coming months but also expect to see higher meat prices compared to last year and last month. 

 

 

 


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 19 minutes ago

Rand Pauls NSA Filibuster Proves Mitch McConnell Running U.S. Senate Just Like Harry Reid http://t.co/6sbd6o4Ymo
QuincyJournal on Twitter

QuincyJournal 19 minutes ago

Is It Time For Netflix To Crack Down On Piggyback Subscribers? http://t.co/39rEwuFbzl
QuincyJournal on Twitter

QuincyJournal 11 hours, 19 minutes ago

5 Awesome Cars for First-Time Buyers http://t.co/ZyFfKgdLIr
QuincyJournal on Twitter

QuincyJournal 12 hours, 26 minutes ago

Study Uses Data to Slow Evolution of Herbicide-Resistant Weeds http://t.co/RiGugJ3Pq4