Saturday, May 24, 2014
Beware of the Return of the Pink Slime
This file photo provided by Beef Products Inc., shows a sample of their lean,
finely-textured beef, aka pink slime. (AP Photo/Beef Products, Inc., File)
By John Johnson, Newser Staff
(NEWSER) – "Pink slime" may have become the scourge of the meat industry a few years back, but time and rising beef prices can work wonders. The Wall Street Journalreports that the two biggest producers of the product they prefer to call "finely textured beef" have mostly bounced back after sales bottomed out in 2012 amid a flurry of negative media reports. "Two years ago, no one would return our calls," says an exec with Beef Products Inc. "Now some of those same people are calling us unsolicited, and we don't have the sales staff to maintain the new business." And a spokesman for Cargill says, "We're almost recovered from it." A big reason is that ground beef prices have risen 27% in the last two years to about $3.80 a pound.
Cargill, for instance, say (read more at) http://www.newser.com/story/187391/pink-slime-recovers-as-beef-prices-surge.html?utm_source=part&utm_medium=united&utm_campaign=rss_topnews