Sudden rise in corned beef prices

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Needed a couple of tins of corned beef yesterday and only had one in the cupboard.

Went to

Aldi - had none
Lidl - had none
Farm Foods - £1.99 !
Home bargains - £1.99 !
Asda - Smart price £1.69 - Branded £2.19

2 months ago I was paying £0.99 in the discounters and around £1.19 for brands like John West and Princess in Home bargains and the Supermarkets.
Is there some sort of shortage?
Could it be the distributors are price fixing?
Has Argentina laid sanctions against us over the Falklands?

Discounters not selling it, price almost doubled in the major retailers.
Anybody know what's going on in corned beef land?:(

vuvuzela

Been on the rise for a while now. I don't think I've seen it as low as 1.19 for a 'name' brand in the supermarket this year.

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vuvuzela wrote: »

Been on the rise for a while now. I don't think I've seen it as low as 1.19 for a 'name' brand in the supermarket this year.

I bough quite a bit in the first 3 months of the year and at one point I was paying £1.00 ! at Netto for John West. They are not trading now so can't compare.
I was also getting Ye old Oak at Farm foods for £1.19, their's is now £1.99.

Makeandsave

I was thinking this the other day, Tescos is £1.99 a tin, I did pick 5 slices up in Lidl for £1.09. This is just another thing i can put on my once in a blue moon list.

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Makeandsave wrote: »

I was thinking this the other day, Tescos is £1.99 a tin, I did pick 5 slices up in Lidl for £1.09. This is just another thing i can put on my once in a blue moon list.

Just found this article but it goes back to April 2010

Cattle shortages push up canned beef prices

The Grocer
24 April 2010

Canned beef prices are set to soar by up to a third in the coming months due to cattle shortages in South America.

Products ranging from corned beef to stewed steak are expected to rise in price after the Brazilian industry was hit by major cost hikes.

A 340g can of corned beef retails for about £1.50, with stewed steak averaging £1.95. But sources say those prices will rise to at least £2 and £2.50 respectively by the summer.

"Normally prices ease at this time of the year but with herds down by a third, slaughterhouses have been working reduced hours and raw material costs for Brazilian producers are at an all-time high," said one importer.

The position has been exacerbated by shortages in Argentina, where 10 million cattle have been killed in the past year including many breeding cows as farmers liquidate stocks to switch to more profitable forms of agriculture.

The weakness of sterling against the US dollar has added to the cost, which together with rising sea freight prices has led to further calls from importers for higher prices from supermarkets.

Ye Olde Oak, which sold a small volume of corned beef last year sourced from Argentina, would not be selling any this year as returns had not justified the investment, said sales director David Coles.

"I would have gone back in a big way this year if the price had been a bit higher," he said. "It's a commoditised market. Cost prices have firmed significantly and currency is not in our favour."

These are tough times for canned foods, with prices already having risen as a result of tin plate and ingredient costs increases.

Further price rises could derail industry efforts to interest shoppers in cooking using canned meat, according to one supermarket supplier. "There has been renewed interest in corned beef as younger customers have been attracted by its versatility in recipes, but that will be difficult to sustain at the projected new price tickets," he said.

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Seems like they are using every excuse under the sun !

Makeandsave

And theres me thinking we were going to be paying extra to fund Argentina new war ships lol

bubblesbonbon

Test_Card wrote: »

Seems like they are using every excuse under the sun !

I totally agree. They seem to forget that the price of corn has gone down.:D


Oh - please don't report this as Spam

anguk

Makeandsave wrote: »

I was thinking this the other day, Tescos is £1.99 a tin, I did pick 5 slices up in Lidl for £1.09. This is just another thing i can put on my once in a blue moon list.

I've added Tuna to that list too. I was in Tesco today and they had a 4 pack of John West tuna for £6.99! :eek: They had Princes on special offer at £4 (normal price £6.99).

When did tinned tuna become so expensive, it used to be a cheap thing?

scheming_gypsy

You think that's bad.. The price of raw food for dogs is going up and the excuse given by the supplier was that there's a shortage as more of it is going for human food.
Which is a bit worrying when the food i'm talking about is turkey wings, turkey necks, lamb ribs, chicken carcasses, minced offal and minced bones etc.

anguk

scheming_gypsy wrote: »

You think that's bad.. The price of raw food for dogs is going up and the excuse given by the supplier was that there's a shortage as more of it is going for human food.
Which is a bit worrying when the food i'm talking about is turkey wings, turkey necks, lamb ribs, chicken carcasses, minced offal and minced bones etc.

_pale_

Actually another thing I noticed in Tesco this morning is most of their packs of fresh meat are security tagged! Even the packs of mince! :eek:

Have prices got so bad that people are now resorting to stealing meat?