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St Louis Fed says eat soybeans for Thanksgiving meal

edsl48

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See folks, the Fed knows how we don't have to face the ravages of inflation...eat soybeans

The FRED® Blog

Turkey or Tofurkey?

A protein price comparison for the Thanksgiving meal​

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This is the time of the year to give thanks, and the FRED Blog is thankful for the rich variety of data series and data sources available in FRED. In years past, we’ve tapped data from the International Monetary Fund, the U.S. Bureau of Labor Statistics, and Eurostat to assemble tasty graphs showing the price of traditional Thanksgiving meals. Today, we compare a poultry-based meal with a plant-based meal.

Let’s start with a data literacy appetizer. The FRED graph above plots the quarterly global prices of poultry (including turkey) in orange and soybeans (the main ingredient in tofu) in green, as reported by the International Monetary Fund. Savor the fact that the units of each series are different: poultry prices are reported in U.S. cents per pound of meat (on the left axis), and soybean prices are reported in U.S. dollars per metric ton (on the right axis).

Also, notice how relatively stable the prices of both commodities are from quarter to quarter. Even though the data are not seasonally adjusted, the prices do not regularly increase or decrease during a calendar year. We can thank the global supply of both commodities for the lack of seasonality in prices.

Now for the main course: turkey (i.e., poultry) or tofurkey (i.e., soybeans)? According to the U.S. Department of Agriculture, roasted turkey has almost 3 times the caloric value and 1.5 times the protein value of an equivalent serving of fried tofu by weight. Between 1990 and the time of this writing, the average global price of poultry has been 6 times higher than the price of soybeans.

As of the third quarter of 2021, a hearty Thanksgiving dinner serving of turkey costs $1.42. A tofurkey (soybean) dinner serving with the same amount of calories costs $0.66 and provides almost twice as much protein. Keep in mind that this plant-based meal would be almost 3 times larger by weight than the poultry-based meal and may either keep you at the dinner table longer or provide you with more leftovers. Of course, our calculations here don’t include the time value, energy costs, and additional ingredients required to cook the meals.

 

EO 11110

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watched (yellen) promoting the fed's new third mandate -- globalist warming

ie, cutting off money to companies/banks that dont employ (communist) protocols

end the fed
 

the_shootist

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U vil eat za bugs!
 

EO 11110

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cracker barrel just reported

wage inflation = 8 to 10 percent

food inflation = 7 to 8 percent

blend those together for an 8 to 9 percent rate of real world inflation

the central bank has failed their stated reason for existing
 

the_shootist

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cracker barrel just reported

wage inflation = 8 to 10 percent

food inflation = 7 to 8 percent

blend those together for an 8 to 9 percent rate of real world inflation

the central bank has failed their primary reason for being
End the Fed with prejudice!!!
 

wastrel

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I wonder if they're pushing soy on everyone, to create more soyboys... because they find soyboys tasty. No, I don't put even cannibalism beyond those nasty fucks.

I can see their ad campaigns now... "Soyboys, it's who's for dinner!" "Soyboy, the other pink meat." "Soyboys -- them's good eatin'!"
 

Thecrensh

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I wonder if they're pushing soy on everyone, to create more soyboys... because they find soyboys tasty. No, I don't put even cannibalism beyond those nasty fucks.

I can see their ad campaigns now... "Soyboys, it's who's for dinner!" "Soyboy, the other pink meat." "Soyboys -- them's good eatin'!"
They're pushing bugs next...and probably will feed us the bugs they use to consume our dead bodies. All in the name of "environmentalism". Morbid thought, that.
 

Casey Jones

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end the fed
End the Fed. Not just the central bank; end ALL of FedGov.

This is a monster, and there's going to be no rehabilitating or reforming it. Put it OUT of business - and all its Deep State lifers on the streets.

State and regional Secession, in a uniform action, can do this. I wouldn't worry about Army reprisals - most of them will have divided loyalties, their homes versus their "duty" and their recent antiwhite-racialist indoctrination and mind-pfukking, versus objective, self-evident realities of their lives before the Woketards took over.

End FedGov. Who are these demented bureaucrats, and their funny money and central bankers, that they can stop real people with real grievances, and a proven moral code?
 

Casey Jones

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They're pushing bugs next...and probably will feed us the bugs they use to consume our dead bodies. All in the name of "environmentalism". Morbid thought, that.
LOOK at what they are doing to CHILDREN.

These people have lost their minds, moral compasses, and their souls.
 

newmisty

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