Lower Oil Prices Lead to Big Dough for Pizzerias

Pizzeria owners will see a different type of dough rising this year as commodity prices continue to drop leading to an opportunity for higher profits.

The price at the pump may not bode well for Wall Street, but it should boost profits at pizzerias.

Gas prices dropped to an average of $2 per gallon nationally which is great news for your pizza delivery costs.  This compares to a price of $3.34 per gallon just two years ago. (more…)

Beef producers shy away from change

Good time to consider Liguria Foods All Natural – Nitrite Free Pepperoni

Beef prices have soared in recent years and cattle prices hit new highs last year, making conventional producers less likely to consider switching to natural, organic or grass-fed herds raised without antibiotics. The trend is a challenge for restaurant chains looking to meet a growing demand for antibiotic-free beef, including Chipotle and Carl’s Jr.

Liguria Foods – March 2015 Newsletter

The Liguria Foods March Newsletter is out, please click the link below to read about the following topics:

  • How Would You Like Your Pepperoni?
  • Customer Profile: Big Mama’s and Papa’s Pizzeria- Living the American Dream
  • Product Showcase: Liguria All-Natural Pepperoni
  • Protein Market Outlook
  • Pizza News Briefs

Liguria Newsletter March 2015

High beef prices will continue as recent drought conditions reduced

Beef prices continue climbing on record highs

Cows can’t jump over the moon, but beef prices are skyrocketing nonetheless.

So, what’s the beef?

That’s a question many cattle herders may be hearing since their supply is tight, which is pushing up meat prices to more than $6 a pound.

According to the United States Department of Agriculture, choice beef retail prices averaged about $6.31 per pound in December, up 0.1 percent from November’s previous record high and 17.7 percent higher than one year ago. Industry officials said the price of beef is determined by the economics of the industry — supply and demand. And while consumers are buying up cheaper alternatives like chicken, meat eaters still are chowing down on beef.


Read more … http://lubbockonline.com/local-news/2015-01-24/climbing-beef-prices-doing-little-curb-consumers-taste-cow-area-experts-say#.VMZ0GP54pcR

$4.20 Per Pound: Price of Ground Beef Climbs to Another

(CNSNews.com) – The average price of a pound of ground beef climbed to another record high — $4.201 per pound — in the United States in November, according to data released today by the Bureau of Labor Statistics (BLS).

In August 2014, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, according to the BLS.  In September, the average price jumped to $4.096 per pound, and in October, the average price climbed to $4.154 per pound. In November, the average price hit the highest price ever recorded — $4.201 per pound.

A year ago, in November 2013, the average price for a pound of ground beef was $3.477 per pound. Since then, the average price has increased 20.8 percent in one year.

Five years ago, in November 2009, the average price of a pound of ground beef was $2.062, according to the BLS. The price has since climbed by $2.139 per pound, or 103.7 percent.

The overall Consumer Price Index measures the relative change in the prices of a basket of goods and services relative to a basis of 100.  Subordinate indexes measure the relative change in price for individual goods or services or categories of goods and services.

The price index for seasonally adjusted, uncooked ground beef hit an all-time high of 296.616 in November, up 1.4 percent from October when it was 292.588. In 1947, the earliest year in this index, it was 26.5.

“The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis,” states BLS. “Over the last 12 months, the all items index increased 1.3 percent before seasonal adjustment.”

“The food index rose 0.2 percent in November after increasing 0.1 percent in October,” states BLS. “The index for meats, poultry, fish and eggs increased 0.6 percent in November after declining in October. The index for beef and veal rose 0.8 percent, its tenth consecutive increase.”