Price of fries in relation to cooking oil

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  • pavyracer
    SBR Aristocracy
    • 04-12-07
    • 82840

    #1
    Price of fries in relation to cooking oil
    As you may know the price of grains has been raising steadily the last year due to demand for ethanol. Cooking oil prices have also risen and have seen a significant raise at the Chicago Merchantile Exchange but the price of fries at the fast food restaurants has been kept steady at 99c. How long will the fragile fast food industry can last by selling its precious fries at 99c? The dollar is trading Euro at 1 to 1.55 ratio from 1 to 1 ratio a few years back and the price of cooking oil as well as heating oil which are the main ingredients needed to cook the fries has been skyrocketing with no end to higher prices.

    It is my belief that if the price of fries is left at 99c indefinetely the fast food business will be in great trouble for years to come because the price of cooking oil cannot be sustained at these levels forever.
  • Shark79
    SBR Posting Legend
    • 11-19-07
    • 11211

    #2
    I guess they just increase the price on other products ... such as burgers or soft drinks ... to keep that pricing .
    Comment
    • pavyracer
      SBR Aristocracy
      • 04-12-07
      • 82840

      #3
      Originally posted by Shark79
      I guess they just increase the price on other products ... such as burgers or soft drinks ... to keep that pricing .
      Sharky, they can't do that. The fries are the main ingredient of the famous combos that come with a soda and a burger. If they increase the price of combos they will lose business because they market at 3.99 or 4.99. In US you must sell everything with a price ending at .99 to be successful. This marketing genius is why people eat at fast food restaurants and not a high end restaurants where the prices are given in even dollars without decimals. It will be the end of fast food industry if the .99 is abandoned.
      Comment
      • Shark79
        SBR Posting Legend
        • 11-19-07
        • 11211

        #4
        Too be honest ... I do hope the fast food industries go to sh!ts ... I personally think they are the cause of many health problems.
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82840

          #5
          I agree fast foods are unhealthy. I only eat at Wendy's. The burgers are cooked from raw, not nuked, and I tell them to replace the cheese with extra onions 2 tomato slices and 3 lettuce leaves. I also substitute the fries with a salad with no dressing, just a springle of olive oil and grape vinegar. I ask for no mayonaisse or mustard and I like the wheat bun with the crispy sesame seeds. For a drink I order fresh squeezed lemonade with splenda. It is a very healthy meal and I recommend it to anyone that likes a healthy lifestyle.
          Comment
          • Shark79
            SBR Posting Legend
            • 11-19-07
            • 11211

            #6
            They have splenda at fast food joints .. impressed ... havent gone to a fast food joint in ages. Too many healthy options to eat at in CR
            Comment
            • Shark79
              SBR Posting Legend
              • 11-19-07
              • 11211

              #7
              $3 u get a very well balanced meal ...
              Comment
              • pavyracer
                SBR Aristocracy
                • 04-12-07
                • 82840

                #8
                Originally posted by Shark79
                They have splenda at fast food joints .. impressed ... havent gone to a fast food joint in ages. Too many healthy options to eat at in CR
                I get the splenda from Waffle House next door where I go for breakfast in the morning. I sneak a few envelopes in my pocket but since I'm a good tipper they don't say anything.
                Comment
                • Shark79
                  SBR Posting Legend
                  • 11-19-07
                  • 11211

                  #9
                  Originally posted by pavyracer
                  I get the splenda from Waffle House next door where I go for breakfast in the morning. I sneak a few envelopes in my pocket but since I'm a good tipper they don't say anything.
                  Aahhhhhh ... I was thinking fast food going into light food ... just too weird
                  Comment
                  • thegreatdiatchi
                    SBR MVP
                    • 03-07-08
                    • 1154

                    #10
                    Originally posted by Shark79
                    Too be honest ... I do hope the fast food industries go to sh!ts ... I personally think they are the cause of many health problems.
                    I think the people who choose not to eat those foods in moderation are the cause of their own health problems. While I don't like the fact that most restaurant food is bad for you and while I definitely feel that we need more healthy out to dines than Subway (where every meal item tastes almost the same) it is the person who goes and consumes the unhealthy fast food that should accept responsibility for his/her own actions. If you want to stay healthy limit the intake of McDonalds.

                    The biggest problem with Americans these days is they want to always point the finger and/or make excuses rather than being responsible for their own actions. If the majority of Americans were responsible and did care for their health these unhealthy restaurants would either need to change their menu items to accomodate the customer's need or go out of business altogether.
                    Comment
                    • Shark79
                      SBR Posting Legend
                      • 11-19-07
                      • 11211

                      #11
                      Originally posted by thegreatdiatchi
                      I think the people who choose not to eat those foods in moderation are the cause of their own health problems. While I don't like the fact that most restaurant food is bad for you and while I definitely feel that we need more healthy out to dines than Subway (where every meal item tastes almost the same) it is the person who goes and consumes the unhealthy fast food that should accept responsibility for his/her own actions. If you want to stay healthy limit the intake of McDonalds.

                      The biggest problem with Americans these days is they want to always point the finger and/or make excuses rather than being responsible for their own actions. If the majority of Americans were responsible and did care for their health these unhealthy restaurants would either need to change their menu items to accomodate the customer's need or go out of business altogether.

                      Look at pricings

                      Its cheaper to go for a Combo at McD's and even SUPER SIZE it ... than going to a healthy restaurant ... its not the choice factor ... its how much I can save on a meal ... IMO
                      Comment
                      • BrentCrude
                        SBR MVP
                        • 11-16-05
                        • 4665

                        #12
                        What about the ** Donald's dollar menu?

                        You hit on a good subject that can some up a lot of things in the economy.Take the dollar menu at ** Donald's for example.It's amazing that they can still have an extensive dollar menu but they figure even if they don't make much per dollar item it brings a lot of people in who will buy other more expensive items.A big trick for food companies and restaurants is to downsize portion and item size.It all started back in about 1970 when I was a kid and they kept the price of a candy bar the same for awhile but shrunk the size.After that,it was all downhill for the consumer because everything started downsizing their product.Coffee company's were really crafty and kept filling the 3 pound size can and had a method to puff the coffeee up where 2.5 pounds looked like 3 pounds.Another crafty trick the restaurants have done recently is shrinking portion size not in the name of screwing you but helping you stay healthier.They run ads actually touting they are health conscious friendly because they shrunk the portion sizes.

                        But getting back to ** Donald's.The dollar,the federal reserve and the entire economy is in a box canyon where no matter where they move,they are stymied. For every action the fed takes,there is a reaction.Shrink the dollar by infusing liquidity in the system and lowering interest rates makes oil go through the roof,When oil goes through the roof,inflation goes up,people lose their jobs and consumers have less to spend.We have stagflation already and that's the deadliest form of recession.The fed is at a point now where even lowering interest rates and encouraging borrowing isn't going to work because people are tapped out.Bush is encouraging people who can't afford to buy squat to be massive consumers.Lower interest rates putting more dollars in circulation means every country holding our bonds ''debt''no longer will want to hold our worthless paper.We are in deep,deep doo doo no matter what anyone tries to do.

                        Today was absolutely laughable when the media was almost playing Happy Days are here again when the stock market zoomed over 400 points upward.Total artificially manipulated rally.Printing more money out of thin air to give to Fanny Mae and Freddy Mac and in return holding their bad loans as collateral.It's equivalent to a pro baseball team shooting their wad by using all their starting pitchers in one game just so they could win that meaningless one game out of a 162 game season and losing 20 games in a row afterward because of a depleted pitching staff.Lose 20 games in a row,don't win the pennant.Or better yet,it reminds me of the movie Dumb and Dumber where they spent all the fortune in money in the brief case and filled the brief case with IOU's and reassuring the owners they would be good for it and they didn't have jobs or a penny to their name.A Dow 12,000 with a shrinking dollar will soon be a Dow 6,000 from the 90's.Then where else are people going to put money besides the stock market?The banks where you get nothing interest?It's too late to take your tiny american dollar and invest overseas.It's too late to buy gold.
                        Comment
                        • pavyracer
                          SBR Aristocracy
                          • 04-12-07
                          • 82840

                          #13
                          Excellent post. It just hit me now that Brent is not your name but you were referring to oil.

                          Mods, we need to sticky this post. It is one of the best posts I read in this forum for quite some time.
                          Comment
                          • Shark79
                            SBR Posting Legend
                            • 11-19-07
                            • 11211

                            #14
                            Very true ... very well said Brent ...
                            Comment
                            • thegreatdiatchi
                              SBR MVP
                              • 03-07-08
                              • 1154

                              #15
                              Brent you hit the nail right on the hammer.

                              As for pricing, I think it could work both ways. Some people go for the cheapest thing on the market and others believe that a higher price means a higher quality product.
                              Comment
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