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Newbie
Joined: 07 Feb 2003
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 Posted: Mon Jan 14, 2008 6:18 pm Post subject: Whaddup with American beef |
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2-3 months ago I could go to E-Mart and can a good size "pack" of American beef for about 9,000 won. Yesterday I went and the same size pack was 23,000 won! 
Now, I'm no beef expert, but it looked like the same stuff I've been buying all along. What's with the huge increase in price? |
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pkang0202
Joined: 09 Mar 2007
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| Posted: Mon Jan 14, 2008 6:39 pm Post subject: |
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| I'm wondering that too. We were all suppose to be eating fat juicy steaks and roasts by now. What happened to the beef that was suppose to come in? |
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CeleryMan
Joined: 12 Apr 2007
Location: Seoul
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| Posted: Mon Jan 14, 2008 7:02 pm Post subject: |
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Flawless execution by the Korean Govt & Media Comglomerates. What caught me off guard is how quickly Koreans gave into govt's scare tactics and propaganda of "poisonous US beef."
Koreans have access to USDA meat, the demand has simply shifted back to the domestic crap thus, higher prices and limited availability.
I feel sorry for consumers here, I really do .... |
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pkang0202
Joined: 09 Mar 2007
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| Posted: Mon Jan 14, 2008 7:05 pm Post subject: |
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| I don't think we have access. Only limited places are selling US Beef. In my opinion, the prices are high because only a select number of places are selling it. You can't just go into any mart and find US beef. |
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Suwoner10
Joined: 10 Dec 2007
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| Posted: Mon Jan 14, 2008 7:17 pm Post subject: |
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AND you usually have to ask for it. Lots of places keep it in the back, don't carry it on the shelves. It's got a real black-market feel to it when you buy Ami beef at the HomePlus.
I'm guessing store owners are being provided with white envelopes by the Korean beef council. |
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endo
Joined: 14 Mar 2004
Location: Seoul...my home
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| Posted: Mon Jan 14, 2008 8:16 pm Post subject: |
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I remember the brief 2 or 3 week period in November when beef prices were incredibly low.
It was fantastic.
But soon enough they went back to their outrageous prices and I stopped buying.
It's time to start playing hardball with the Koreans.
And I'm talking LG, Samsung, and Hyandai.
Yeah perhaps a few farmers will go out of business. But so have many manufactures back home. It's called a global economy and you shouldn't be allowed to compete in it if you continue to maintain these protectionist policies.
If the Koreans want to play with the big boys and be considered a first world nation, then they need to start acting like one. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Mon Jan 14, 2008 8:32 pm Post subject: |
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| CeleryMan wrote: |
Flawless execution by the Korean Govt & Media Comglomerates. What caught me off guard is how quickly Koreans gave into govt's scare tactics and propaganda of "poisonous US beef."
Koreans have access to USDA meat, the demand has simply shifted back to the domestic crap thus, higher prices and limited availability.
I feel sorry for consumers here, I really do .... |
Yeah really. I understand you want to protect your core food sources like rice. If you have to charge what factories farms in the USA can turn out rice for, you're going to find it more profitable to convert your farm into a golf course for japanese tourists. There's a certain danger in out sourcing all your food production. Wars happen. Shipping lines are cut off.
But at the end of the day coffee beans and lemons are not core food products. No farmer in Korea is growing coffee beans. There is no reason Koreans should be paying $8 for 200 grams of coffee from Indonesia when North Americas are farther away from Indonesia and are paying 1/4 the price.
Yes, it's great samsung and LG are rich and can pay rich salaries. But when your higher wage is just going to buying cameras, cars, and food that's higher because of the protectionist policies that keeps Samsung and LG rich, you're just running on a treadmill. |
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pkang0202
Joined: 09 Mar 2007
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| Posted: Mon Jan 14, 2008 9:04 pm Post subject: |
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| endo wrote: |
It's called a global economy and you shouldn't be allowed to compete in it if you continue to maintain these protectionist policies.
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All countries do it. You can argue that the US is the worse offender out of any country. You look all across the industry, from Bananas to Steel. Everyone in the world has a bone to pick to the US because of its own protectionist policies.
When I was in the US, I don't ever recall seeing Aussie, Canadian, or South American beef on the store shelves.
I agree that the protectionist policies are ridiculous in Korea, I just wanted to point out that you can't be a pot calling the kettle black. |
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CeleryMan
Joined: 12 Apr 2007
Location: Seoul
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| Posted: Mon Jan 14, 2008 9:10 pm Post subject: |
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| endo wrote: |
| If the Koreans want to play with the big boys and be considered a first world nation, then they need to start acting like one. |
Allow me to sketch the large picture for you. It's not about playing with the big boys, it's about shtting on them and getting away with it. Business is a zero-sum game.
Unforgivable greed and tremendous self-awareness has helped Korea establish a consistently positive trade surplus. |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Mon Jan 14, 2008 9:11 pm Post subject: |
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| Buy beef in Songtan. |
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endo
Joined: 14 Mar 2004
Location: Seoul...my home
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| Posted: Mon Jan 14, 2008 9:17 pm Post subject: |
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| pkang0202 wrote: |
| endo wrote: |
It's called a global economy and you shouldn't be allowed to compete in it if you continue to maintain these protectionist policies.
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All countries do it. You can argue that the US is the worse offender out of any country. You look all across the industry, from Bananas to Steel. Everyone in the world has a bone to pick to the US because of its own protectionist policies.
When I was in the US, I don't ever recall seeing Aussie, Canadian, or South American beef on the store shelves.
I agree that the protectionist policies are ridiculous in Korea, I just wanted to point out that you can't be a pot calling the kettle black. |
Well first off I'm not American, I'm Canadian.
But is America's own protectionist policies anything close to what the South Koreans are doing?
I fully understand America is a much larger country with a dynamic ecomomy.
But why are LG products cheaper in the States than they are in South Korea?
The South Korean are parasites. Smart parasites, but parasites none the less.
So if I'm a nation like the US which has adopted free trade, then I'd expect other developed nations to at least attempt to do the same.
I'm just sick of paying outrageous prices for Guiness, beef, and most other foreign products in this country. |
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spliff
Joined: 19 Jan 2004
Location: Khon Kaen, Thailand
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| Posted: Mon Jan 14, 2008 9:20 pm Post subject: |
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^Then drink OB and eat minced pork.  |
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seoulsucker
Joined: 05 Mar 2006
Location: The Land of the Hesitant Cutoff
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| Posted: Mon Jan 14, 2008 9:58 pm Post subject: |
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| pkang0202 wrote: |
When I was in the US, I don't ever recall seeing Aussie, Canadian, or South American beef on the store shelves.
I agree that the protectionist policies are ridiculous in Korea, I just wanted to point out that you can't be a pot calling the kettle black. |
It's called COMPARATIVE ADVANTAGE.
Why, with the largest and most productive stockyards in the world, would the US import beef? |
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Suwoner10
Joined: 10 Dec 2007
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| Posted: Mon Jan 14, 2008 10:44 pm Post subject: |
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| seoulsucker wrote: |
| pkang0202 wrote: |
When I was in the US, I don't ever recall seeing Aussie, Canadian, or South American beef on the store shelves.
I agree that the protectionist policies are ridiculous in Korea, I just wanted to point out that you can't be a pot calling the kettle black. |
It's called COMPARATIVE ADVANTAGE.
Why, with the largest and most productive stockyards in the world, would the US import beef? |
...not to mention the US does carry lots of foreign beef. Perhaps not at the Mega-grocery store chains, but I'd regularly buy Kobe beef, that was stacked next to the NZ mutton, Ostrich meat, Aussie and Argentinian steak. But there are markets for that. As that stuff is super-expensive, the up-scale grocery stores tend to carry them. Geography also plays a part. In the 'hood, you'd be hard pressed to find a US tenderloin cut, but will probably see lots of chitlins. In Koreatown, US-owned grocery chains carry KOREAN meat.
pkang must have been living in the ghetto. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Mon Jan 14, 2008 11:36 pm Post subject: |
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| Suwoner10 wrote: |
| seoulsucker wrote: |
| pkang0202 wrote: |
When I was in the US, I don't ever recall seeing Aussie, Canadian, or South American beef on the store shelves.
I agree that the protectionist policies are ridiculous in Korea, I just wanted to point out that you can't be a pot calling the kettle black. |
It's called COMPARATIVE ADVANTAGE.
Why, with the largest and most productive stockyards in the world, would the US import beef? |
...not to mention the US does carry lots of foreign beef. Perhaps not at the Mega-grocery store chains, but I'd regularly buy Kobe beef, that was stacked next to the NZ mutton, Ostrich meat, Aussie and Argentinian steak. But there are markets for that. As that stuff is super-expensive, the up-scale grocery stores tend to carry them. Geography also plays a part. In the 'hood, you'd be hard pressed to find a US tenderloin cut, but will probably see lots of chitlins. In Koreatown, US-owned grocery chains carry KOREAN meat.
pkang must have been living in the ghetto. |
Yeah one can buy imported beef, although it's usually some kind of processed/value added beef like corned beef or some kind of cold cut. And I should note that BSD laden cow that caused America all the problems was from a Canadian herd. Clearly Americans are importing a lot of Canadian cows. |
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