[–] 2 points 9 months ago

They used up to 7% LFTB back in the day. It looked nothing like the emulsified chicken pictured in the articles. It is a wholesome product yet not one I would choose to put in my ground beef due to the amount of connective tissue. You're close to the source, have any questions you'd like honest answers for?

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  • [–] 4 points 9 months ago (3 children)

    So wrong here. They grind trimmings, the same trimmings that are ground into ground beef that sits in the counters of your local retailer. I sell this shit and can guarantee you the McDonald's system is not my last option, those trimmings all make it into the food supply. Also you can't feed cow parts to food animals ,it's a BSE risk.

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  • [–] 12 points 1 year ago (3 children)

    Not percentage wise though. Their money moves the markets and it'll be them getting out that tanks your index funds. They'll rotate into something else while you wait 8 years to get back to even because AI stocks were 40% of the market and what they run up next is only 5% of your portfolio.

    It's got to be near a top, but news like this makes me feel like they're looking to drop the market for one more final push though.

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  • [–] 10 points 1 year ago (1 child)

    The profits. They know current AI is LLM but the goal is to drastically increase computing power to crunch your data against you and dynamically price your life against you. Ad revenues aren't growing anymore and they need another way to make more money off the massive piles of data they have.

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  • [–] 11 points 1 year ago

    Correct, and greater consolidation. This has already been a long trough in the cyclical cycle. A ton of older ranchers are looking at the prices and just selling with no intent to calve another herd. Not a ton of young people lined up behind them. But economics will dictate that the herd is built back up in another 2-3 years as always.

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  • [–] 14 points 1 year ago (2 children)

    Not the most fair comparison. Cattle herd is smallest it's been in 60+ years and prices haven't gone high enough to reduce demand enough that the herd can rebound yet. You'll see higher beef prices for another 2 years before things calm down again.

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