Sticker shock at the supermarket: Food prices poised to rise
Sticker shock at the supermarket: Food prices poised to rise
If there's any silver lining to a recession -- albeit a thin one -- it's that consumer prices typically go down. Make no mistake, deflation is a sign of a sick economy, but at least the net effect of cheaper prices for the basic necessities -- food, clothing and shelter -- helps folks get by when they are struggling to make ends meet.
But consumers should brace themselves for things to change, especially at the supermarket. As the global and U.S. economies emerge from the downturn, economists predict that there is going to be some sticker shock at the checkout line. Food prices, they say, are heading higher and when you combine that with an unemployment rate that's expected to linger near a three-decade high for at least another year, it's even more unwelcome news.
Finally, let's not forget the impact of ethanol and other alternative fuels on food prices. The U.S. will enjoy record corn production in 2009, Lapp says, but more than a third of that will be diverted to ethanol production.
__________________ Those who forget the pasta are condemned to reheat it.
I shop at Winco and Grocery Outlet and they SUPER inexpensive. You can get twice as much as you could at a regular chain grocery store. They are diamonds in the rough but people are finding out about them.
Just remember folks, at this time in history food has never been cheaper when you consider it's price compared to the amount of work it took to buy it. In the 19th century food took a much bigger bite out of one's income than it does today. Eat up while it's still cheap!
I am glad to see we are finally waking up, corn for fuel should have been put into use many years ago, I worked on a ethanol plant back in the mid 70s. Farmers need to get a fair price for their corps, even the diesel advertisement tells if we all bought diesel cars (they last longer also) we could tell the middle east to take your oil and stick it. Then let them beg for the food that we produce. But I can get to political with this so I will stop.
__________________ prepared with passion and served with love !
I have been noticing a lot of things going down in price, especially dairy products. In our deli, just about every cheese has gone down, we even have a provolone that is really tasty for $3.99 per pound, it often goes on sale for $2.99.
I saw milk today for $2.29 per gallon, less than half of what it was last year.
We have a nice ALDI here, and for ingredient type items, nobody is cheaper. I get premium not from concentrate OJ for $2.29 and I think that it is better than tropicana. Cream cheese is consistently $.99 or less for an 8 oz block, butter (both salted and unsalted) are $1.89 per pound, eggs $.99. Their produce is limited, but often priced lower than anywhere. I got strawberries for $.99 per pound this summer, so I made jam! I am gearing up for my pumpkin bread production next month, pumpkin at my store is $1.19 per can on sale, and at ALDI it is $.79 I bought 18 cans! Trouble is they run out quick and sometimes can't get it back.
This place isn't nearly as busy as most would expect, it is in an affluent area, and many have not embraced the bag it yourself way of grocery shopping.
__________________ MAC
Before you criticize someone you should walk a mile in their shoes, that way when you criticize them you are a mile away and you have their shoes!
Sounds similar to Winco. It's a 'bag your own' store as well. I bring my own bags...really nice hemp/canvas bags that I bought on-line from Reuseable Bags. They have an incredible selection...you should check them out.
If there's any silver lining to a recession -- albeit a thin one -- it's that consumer prices typically go down. Make no mistake, deflation is a sign of a sick economy, but at least the net effect of cheaper prices for the basic necessities -- food, clothing and shelter -- helps folks get by when they are struggling to make ends meet.
Linear Mode
