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Why is corned beef so expensive these days?

My gripe is all about the current price of corned beef.  It's no longer a cheap alternative to nice ham or chicken, ideal for sandwiches and the odd hot pot meal.  It's actually more of a luxury these days in my opinion.  I haven't bought corned beef for a while and I thought it would make a nice change.  I vaguely remember a few years ago in our supermarket they were selling one of the cheaper brands for around 89p a tin and some of the shops more recently were selling it at £1.20 and £1.50 for a tin.

I visited the Sainsbury's website yesterday and I was doing my monthly shopping in their groceries section section.  I typed 'corned beef' into the search box and when the results came up on the screen I could not believe my eyes.

For 3 measly slices of Sainsbury's fresh corned beef 125 grams the price was a whopping £2.00!  I assumed that the tinned corned beef would be much cheaper, but it was still £2.29 for 340 grams.  How can they justify charging so much for a tin of processed beef?  I would have thought that the most a tin should cost would be around £1.80, and the most I would consider paying for 3 slices of fresh packed premium corned beef would be is £1.40 or £1.50.

A tin of corned beef at a Tesco supermarket Corned Beef - only bought as an occasional treat

As I said, it is so expensive now I can see it only being bought as an occasional treat, not something I would buy all the time because it is too dear for what it is.  I can imagine the price will go up even more in the future, after all the price of everything else is going up though the roof right now.  Presumably as people (like myself) stop buying it making it even more expensive.  What have things come to when you can't get a tin of corned beef for under £2 - it's a joke!

Note from Site Admin: When I was out shopping I took some photos to go with this gripe and as you can these tins are a little cheaper in our Tesco, in fact the value brand £1.98 I believe.

By: Luke S

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It most certainly is. As far as Syria is concerned, they have their work cut out for them.

+6

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Lidman - 4-Mar-12 22:00

[Lidman] is it food speculation? 'you must be in the know'. Are banks betting on food prices in unregulated financial markets?. I presumed it is all down to oil costs in the middle east and the mark up they are passing on to us. Whats happened with Syria - 'no oil'-no money -no monetary value.

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Shandy - 4-Mar-12 19:49

It's not only chocolate that's expensive now. Many things that we eat are much more expensive than they were a few months ago.

Why?

Because of food speculation. Banks are earning huge profits from betting on food prices in unregulated financial markets. The World Development Movement website has a lot of information about this

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Lidman - 4-Mar-12 15:21

Why are Mars Bars so horrendously expensive in France? They sell there for about twice the price we buy them here, and it's not just transport costs. France has always been traditionally expensive for confectionery. The French pay too much for sweets.

We will now have to pay too much for corned beef.

Land of my Fathers: the green and rolling lands of Patagonia and the Pampas.

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No Man's Land - 4-Mar-12 14:29

To-Get rid of the Falklands, [good question]
I would presume there are other manufacturers of corned beef other than Fray Bentos. The possibility is that Fray Bentos are selling their product under different brand names and selling their product at a more competitive price at smaller retail outlets. The majority of well known manufacturers/companies/organisations sell the same product under a different brand name.

+7

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Shandy - 1-Mar-12 21:07

Kenny have you tried making pasties with the same recipe plus frozen puff pastry. Try it they are delicious. Pour over gravy [using a beef stock cube] and serve with mushy peas [marrow fat peas of course-soaking them over night] cook the peas in the water with 2 chicken stock cubes and a little oil. We find this seasoning suits most people 'you will end up with a large pan full'. Any surplus peas can be used the next day by adding ham, water and season to taste 'what a lovely pea and ham soup' served with crusty bread. When it comes to cooking we are very cost effective and never throw anything away .Any left overs will come around again in a different form. Trust this may help your viewers to save some money on basic home cooking.

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shandy - 28-Feb-12 18:26

Fuel costs are ever increasing due to the problems in the middle east [oil] therefore food costs are on the increase due to transportation, this cost is affecting corned beef along with other food products. You can still make a good hearty meal for your husband, children and elderly parents. [corned beef hash] Method:-1 tin of corned beef, potatoes, onion, tin of carrots a beef stock cube and salt and pepper. Not forgetting the water. If never tried it, you will be pleasantly surprised with the taste and the cost. Delicious meal and cost effective. [you can always put a crust on it to bulk it up for the men in the family]

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Shandy - 26-Feb-12 21:51

Can we not mention Lidl or Aldi regarding the competative price of corned beef they stock, my comment has just been wiped off the screen

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Shandy - 26-Feb-12 21:27

Try Lidl or Aldi corned beef is under £1.50 per tin and is as good a quality as the well known brands along with other basic foods.

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Shandy - 26-Feb-12 21:17

Fortunately I don't like corned beef.

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CornedBeef - 20-Feb-12 19:29

@itsnotrightisit........No its not right but they don,t care ....the profits go to those rich huggers the shareholders...

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I need new knickers. - 14-Feb-12 13:34

When I worked in a Service Station supermarket our normal mark up was around 35% on chocolates, 45% on normal everyday items ie kitchen roll etc, 12% on cigs, 30% on fuel, 45% on car accessories, 5% on magazines, 50% on diary.

Also used to work aeons ago at Sainsbury's and I remember on one occasion seeing the pricing system on baked beans which the store was selling for 32p but the system was saying they would make a profit at 7p per tin and the highest they could price the item was 58p. Hence they priced it up for a few months at 58p and then reduced it to 32p saying it was an everyday saving!!

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Itsnotrightisit - 14-Feb-12 12:12

@fedup give us an idea what the mark ups are ...Although i know what you mean just give us an idea??? Or is it supermarket top secret information????

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Socks with holes - 11-Feb-12 16:53

I bought some corned beef from tesco as I had a craving, very expensive at 2 quid a tin.

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delldells3182 - 11-Feb-12 14:08

Being a teenager in the 70,s corned beef hash was an easy and cheap meal to make, but i never knew the origins of what it was made of other than beef and i also did not know it came from argentina.....

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Elsie baggy tights - 10-Feb-12 16:40

I'd noticed this too about corned beef. I do tend to buy it, as I have a gastric band and ordinary meat is hard to cope with, so I sometimes mush up some corned beef with tomato and salad cream for lunch. Even though all meat has gone up, corned beef seems to have increased more in price. Now I know how it's made, though, I may be giving it a miss!

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Palindrome - 10-Feb-12 14:04

Over here in The USA there was a problem and stopped importing canned corned beef for almost a yeaR--Argentinian packing plants were infected with bacteria and there was no way of discovering which batches were dangerous. It is back on sale now but this might something to do with your prices?

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LUNDY41 - 10-Feb-12 12:25

I'm sure I heard that a lot of corned beef comes from Argentina. Anyway, this is probably their way of getting hold of the Falkland islands. Make us pay through the nose for the corned beef so we can't afford to send a task force!

+6

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Andy - 10-Feb-12 11:47

All meat seems to have increased in price, so corned beef reflects that increase.

On a more serious note, I understand that the BSE scares in the 90s have resulted in less offal (the technical term for the left overs) is able to be used, so there is less raw material to make the corned beef.

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Timelord - 10-Feb-12 11:30

Nowadays prices bear no resemblance to the product. The super markets have us by the short and curlies and set prices to make sure they reap in profits. Years ago I was a lowly section manager in Tesco - and believe me the mark ups are horrendous. Corned beef is just left over bits boiled and set in its fat. Should be cheap and cheerful - but then when have we had a government on our side keeping control of the supermarkets?

+10

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Fedup - 10-Feb-12 07:50

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