If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
Supply in inventory way ahead of demand. Prices go down quickly to avoid spoilage and get through paid for inventories. Investments shift to reset capacity of supply. Money supply goes up with stimulus but with less output, what could go wrong?
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
We've switched to buying deliveries straight from producers. Local fisherman used to just sell his whole catch as a bundle to the Chinese but now hired a delivery guy to do rounds in the area. Fucking best seafood I've eaten besides catching it myself.
If the restaurants are kept closed or come back at reduced capacity a lot of livestock raisers will have to switch how they break the animals down. Most livestock is prepared for the restaurant industry. The cuts are much smaller that go to grocery stores than restaurants. Once again, the US has an over abundance of food and a lack of infrastructure to get it to the people. Many growers have slowed the amount of protein they give to pigs to slow their growth because they have no way to process for grocery stores. Fun times.
There was a good WSJ article about that last month.
If we are in this state on June 1st, there is no return.
There will be a continuing cascade of layoffs.
Half the people won't be paying their mortgage or rent.
Most of the restaurants and bars will close down for good,
Commercial real estate will crash.
Big retailers that were already on the ropes will disappear.
By then there will be cracks on the facade of the biggest banks. And then there will be a run on said Banks.
The Feds will print more fake money to "bail them out" but they won't be lending any more out. Inflation will begin to take hold, Goods and food will start to be more scarce due to supply chains breaking down and truckers not being paid on time.
Big corporations, like 2008, are even now learning how to do more with less body count. Corporations that were on the fence with A/I software will suddenly be receptive to it, now, wiping out whole departments once it's time to go back to "biz as usual".
Comments
Supply in inventory way ahead of demand. Prices go down quickly to avoid spoilage and get through paid for inventories. Investments shift to reset capacity of supply. Money supply goes up with stimulus but with less output, what could go wrong?
Get people fucking back to work.
But yes, you might be
https://www.wsj.com/articles/photos-coronavirus-creates-uncertainty-for-texas-cattle-dealers-11586597401
If we are in this state on June 1st, there is no return.
There will be a continuing cascade of layoffs.
Half the people won't be paying their mortgage or rent.
Most of the restaurants and bars will close down for good,
Commercial real estate will crash.
Big retailers that were already on the ropes will disappear.
By then there will be cracks on the facade of the biggest banks. And then there will be a run on said Banks.
The Feds will print more fake money to "bail them out" but they won't be lending any more out. Inflation will begin to take hold, Goods and food will start to be more scarce due to supply chains breaking down and truckers not being paid on time.
Big corporations, like 2008, are even now learning how to do more with less body count. Corporations that were on the fence with A/I software will suddenly be receptive to it, now, wiping out whole departments once it's time to go back to "biz as usual".
But other than that, I think we'll be just fine.
Actually I poasted this over 3 weeks ago.
I was right.