Sudden rise in corned beef prices

forgotmyname

Not just me then. Normally i dont look at the prices much but FIL wanted some tinned meat. I thought
im sure i could buy a whole animal for that.

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MamaMoo wrote: »

I've been craving tuna like mad. I only like the john west Tuna chunks in brine though, can't stand tuna in sunflower oil. Everywhere seems to have an abundance of single tins of the sunflower oil stuff, but unfortunately, the co-op, Costcutter and Asda are only selling packs of 3 tins for a minimum of £3.50. There's a little shop about a 5 minute walk away that sells the tins individually for about £1.40. It's ridiculous.
And the price of bacon has shot up too.

Makes you wonder if this is a stealth profit scheme by the tinned food distributors. These product were all cheap meal foods and as a result of the recent financial crisis more people started to use them on a regular basis. Once the sales have dramatically gone up the distributors thought they would cash in:(

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Makeandsave wrote: »

Looked at tesco value slices they are £1.56 now was £1 a few weeks back.

I love cornbeef and cheese toasties

Yum, me too

PZH

trukdiver wrote: »

When I started shopping at Lidl, corned beef was about 40p! I though 99p was exhorbitant, never mind £1.99!

Corned Beef at Lidl this morning was £1.29

sheilavw

£12 for small tin in Turkey Spring Bank week, didnt buy of course!

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phoodless wrote: »

Corned Beef at Lidl this morning was £1.29

Great price, are they large tins?

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sheilavw wrote: »

£12 for small tin in Turkey Spring Bank week, didnt buy of course!

Could become A la carte at that price

david39

Tescos own brand corned beef used to be £1.43 for a tin. It staretd going up several months ago, to the point where I stopped buying it.

I was in Tescos this week and noticed that they had it on Special Offer - I can't remember the exact price but I did note that the price was for 2 tins and it brought the price per tin back to almost £1.43 each.

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david39 wrote: »

Tescos own brand corned beef used to be £1.43 for a tin. It staretd going up several months ago, to the point where I stopped buying it.

I was in Tescos this week and noticed that they had it on Special Offer - I can't remember the exact price but I did note that the price was for 2 tins and it brought the price per tin back to almost £1.43 each.

That' pretty good, I'll check that out.

Squidd

Tuna and beef are two commodities that have risen almost uncontrollably in price over the last two to three years. I run a business that uses a lot of both and in the case of beef, wholesale prices are more than twice what they were three years ago. It used to be possible to get cheaper meat by sourcing from South America as opposed to the EU, but pricing from that region is now rising and rising. It also doesn't help that world commodity markets generally trade in US$, so a weakened Sterling forces prices up in the UK. The same goes for importing from the Eurozone.

Tuna market price has increased roughly 150% over the last year and seemingly, further increases are forecast. I believe poor availability from reduced catches is cited as the reason. Add onto that the same issues with currency and you have a product that's expensive now and going to get even more so!

I'm not an expert, but the above is as best I understand the current situation. Hopefully that may shed some light on the increased prices!