Grass Fed Beef

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Grass Fed Beef

• Presented by
• Charles Moss, Andre Schmitz, and Troy Schmitz
• June 23th 2014

21th Annual Moose Jaw Conference
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An Economic Model of Demand
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Household Production Models of Demand
Grass Fat Beef is Healthier
Prices, Income, Wages
Attributes
Steak Lbs.
Taste
Household Production
Cabbage Lbs.
Convenience
Meals
Household Time
Nutrition
Grass Fat Beef is Healthier and Better for the
Environment
Prices, Income, Wages
Attributes
Steak Lbs.
Taste
Meals
Household Production
Cabbage Lbs.
Convenience
Environmental Impact
Household Time
Nutrition
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My 1976 Show Steer - Bandit
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Cost of Gain
Dan Childs Noble Foundation https//www.noble.or
g/ag/economics/costofgain/
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Cost of Gain and Slaughter Weight
Corn Price Increase
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Cattle and Corn Prices
Source USDA QuickStats
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Oklahoma City Feeder Prices
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Grass Fat and Grain Fed Ribeye Prices
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Grain and Grass Fed Beef Markets
Grass Fed Beef
Grain Fed Beef
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Evolution of the U.S. Food Guide (1)
Food Guide Pyramid (1992-2005)
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Evolution of the U.S. Food Guide (2)
My Pyramid (2005-2011)
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Evolution of the U.S. Food Guide (3)
My (2011-present)
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Anti-Inflammatory Diet Pyramid
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Why am I Broke
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Grass Fed Beef (Berkeley California)
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Whole Foods (Berkeley California)
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Markets and Prices (Gainesville, Florida)

• Trader Joes (six weeks ago)
• Organic ground beef 6.99-7.49 per pound (15 fat)
• Regular hamburger 4.49 per pound
• Fresh Market (a month ago)
• Grass fed beef Australian beef Tenderloin 14.99
  per pound burger 6.99 per pound
• Regular 8.99 per pound per pound Ground Chuck
  4.99 per pound
• Wards (last Saturday)
• Own U.S. Beef Porterhouse 14.80 regular 8.98 per
  pound labeled hormone antibiotic free

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Markets and Prices (Gainesville, Florida)

• Publix (two months ago)
• Packaged beef strip steak 8.5 ounces 11.99.
• Sirloin 8 ounces 8.99
• Rib Eye 10 ounce 12.99.
• Labeled Grass Fed hamburger 7.99 per pound
• Comparable 4.97 per pound
• Price for T-bone was 9.99 porter house 9.99 Rib
  Eye 13.99, New York strip 13.99.
• Shelf space was 1/100 of shelf space of all beef.
• Stores like Winn-Dixie do not sell beef.
• Likely income