Stock Up On THIS As Soon As You Can

Dear Rich Lifer,

Depending on how close you pay attention to the news, you may or may not have heard this extremely distressing fact…

The food supply chain is showing strain, and in some cases, it’s already breaking down.

The chairman of Tyson Foods bought a full page ad in the New York Times to explain that without processing plants and the employees to run them, we’re days away from bare shelves at the grocery store.

Chicken, beef, and pork plants have all been shuttered.

Even though President Trump invoked the Defense Production Act to allow these important workplaces to open again, we’re still likely to feel the effects of this because there’s about to be a severe bottleneck in the meatpacking industry.

This could be just a temporary blip, but it might last much longer.

If this “blip” is anything like what we’ve seen with toilet paper, you may not be able to find meat in stores for months – or even longer.

See, not only is there a supply problem.

There’s also a severe reaction to the news of this problem.

People are filling their carts and stocking their freezers as fast as they can… which leaves very little behind for other people.

As you probably know, when demand skyrockets for an item, the price often follows suit, so meat is set to go up, up, up in price.

That’s right – it’s going to cost more than ever to get everything on your shopping list – and that’s IF you can even find the foods you need in stores.

Here’s a list of tips you can use to find meat products and save big when you buy them. Follow these as soon as possible and you may be able to weather this looming shortage …

Portion Properly

We tend to put more on our plates than we actually need. A serving of meat is 4 to 6 ounces. We need to recalibrate what it is we actually need – excess food is a waste whether it’s in the trash or on our waistlines.

Stretch What You Get

Add breadcrumbs, oatmeal, or potatoes to your recipes. You won’t notice a difference, and you’ll be able to stretch a small amount of meat much further.

Buy Big

Instead of looking for the same old cuts and package sizes you’re accustomed to, buy larger, family size packages and separate them at home to freeze. If you don’t have freezer space to spare, offer to split what you buy with a neighbor.

Buy Bigger

If you do have an extra freezer, contact your local farmers and meat markets. You can usually buy a whole or half cow, broken down into smaller portions. Here’s a step by step guide to help you through the process.

Cut The Waste

If you’ve got leftovers like big bones or whole carcasses, don’t throw them out. You can use these to flavor soups or even just to make stock.

Check The Ethnic Markets

If you have Russian, Mexican, or Asian markets in your area, check their prices on meat. Russian markets usually have bargain prices on deli meats, and Mexican and Asian markets will have meat and seafood at low prices.

Scan For Sales

If you go to the market early enough, you may be able to score the marked-down items that are just about to go out of date, but still perfectly good. Use them quickly, or freeze them for later.

Try New Things

Chicken, beef, and pork aren’t the only meats on the market. Look for turkey or game meat like rabbit and deer. You may have to modify your recipes or even learn new ones entirely, but feeding your family is well worth the effort.

Grind Your Own

If there’s no ground beef available, you can always purchase chuck or rib eye and grind your own with a stand mixer and grinder attachment or even just a food processor. You can even add in turkey or pork to the mix to bulk up

Try Protein Alternatives

Yes, this is about saving on meat, but the easiest way to cut your grocery bill is to buy less meat anyway. Eggs, dairy products, and legumes are all good sources of protein, so focus on meals that are heavy on these.

When In Doubt, Ask The Expert

In today’s America, we’re so accustomed to picking up neatly prepackaged items, adding them to our carts, and going on our way. Many of us forget that those items are put there by an actual butcher. Yes, most grocery stores still employ butchers, and these men (and a few women) know everything there is to know about their trade.

If you’re looking for a cheaper cut, you want to know what alternative meat might suit your recipe, or you just need to know when they expect a new shipment, go directly to the back of the store and ask the butcher. They’re the ones who can inform you best.

Go Direct

If all else fails, go around the middleman and contact suppliers directly. Here’s a directory of meat suppliers for every state in the nation. 

I think things will eventually get better, but in the short run, we’re in for a bumpy ride. Do what you can to save money and feel normal now and you may be able to insulate yourself and your family from the worst of the chaos.

To a richer life,

Nilus Mattive

Nilus Mattive

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Nilus is the editor for the daily e-letter The Rich Life Roadmap and a Paradigm Press analyst.

Nilus began his professional career at Jono Steinberg’s Individual Investor Group, where he published his original research through a regular investment column. Later, he worked for a private equity business and spent five years editing Standard and Poor’s...

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