Posted 3/26/2020 11:50 (#8140307 - in reply to #8140099) Subject: RE: Real Price Gouging
There is no such thing as price gouging. In your scenario the $9 price keeps the hoarders at bay and guarantee's more supply, which is what price discovery does. Also means more people will supply them with meat because they can now pay their local guy more for a steer. Maybe Bob 5 miles over had one that wasn't going to be fully ready for another 21 days, now he has incentive to have it butchered today. The $9 guy is going to have meat available a lot longer than the $4@2 limit guy.