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Sticker shock at the grocery store
http://www.twincities.com/ci_17498475?nclick_check=1 ^ | 02/28/2011

Posted on 03/09/2011 5:17:50 AM PST by Red in Blue PA

In nearly every supermarket aisle, food prices are starting to rise.

General Mills just announced higher prices for breakfast cereals, Yoplait yogurt and Nature Valley granola bars. Last month, it raised prices on flour, pizza rolls and Green Giant vegetables.

Hormel Foods recently raised the price of Spam and Jennie-O turkey, with more increases to come. Caribou Coffee said it will follow other coffee sellers in raising prices. And Target's chief executive said last week, "We will need to raise prices to offset higher costs."

After years of quiet on the inflation front, a six-month spike in the prices of grain, meat, dairy, energy and oil is squeezing through the U.S. food system. The wave hasn't hit consumers full-on, but it's coming.

"The fact is, all commodities are going up," said Edward Usset, a grain-marketing specialist at the University of Minnesota. "Fiber, fuel, metals, just across the board, everything is going up."

On Friday, corn soared another 25 cents a bushel — the daily maximum — meaning that corn prices have virtually doubled in six months. Wheat prices are up 32 percent in that time. Hog prices, up 30 percent. Milk prices, up 21 percent.

The Consumer Price Index hints at the changing tide. In 2010 food inflation was calm, inching up just 1.5 percent. Then in January, food prices rose 0.5 percent for the month, and "all six major grocery-store food groups posted increases," the U.S. government reported.

(Excerpt) Read more at twincities.com ...


TOPICS: News/Current Events
KEYWORDS: bhoeconomy; inflation; obama; prepping
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Start stocking up.
1 posted on 03/09/2011 5:17:52 AM PST by Red in Blue PA
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To: Red in Blue PA

Not only higher prices but smaller portions.


2 posted on 03/09/2011 5:20:08 AM PST by Doofer
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To: Red in Blue PA
nearly every supermarket aisle, food prices are starting to rise.

No...they started to rise about two years ago...they are skyrocketing now.

3 posted on 03/09/2011 5:21:49 AM PST by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: Red in Blue PA

Putting ethanol in gasoline raises the price of food and gas. Higher fuel costs raises food prices more. So we pay higher prices for fuel AND food— and get crappy gasoline to boot. Your Govt. at work!!


4 posted on 03/09/2011 5:22:47 AM PST by San Jacinto
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To: Red in Blue PA

“Hormel Foods recently raised the price of Spam”

*awaits riots in the streets of Hawaii*


5 posted on 03/09/2011 5:25:33 AM PST by PissAndVinegar
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To: Red in Blue PA

Four rolls of Scott toilet tissue for FOUR DOLLARS at Wal*Mart last week. That’s insanity. It’s all recycled paper. Three and a half bucks of it was probably Teamsters Union transport costs.


6 posted on 03/09/2011 5:25:33 AM PST by 4Runner
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To: Red in Blue PA
Now people will remember that when they print money, they are stealing from you.


7 posted on 03/09/2011 5:27:23 AM PST by Christian Engineer Mass (25ish Cambridge MA grad student. Many younger conservative Christians out there? __ Click my name)
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To: Red in Blue PA

Higher prices, smaller packages. Been doing this for years and years and years.

NOT news.


8 posted on 03/09/2011 5:27:43 AM PST by Delta 21 (Make your choice ! There are NO civilians.)
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To: Red in Blue PA

Looks like Aldi’s is a better bet to shop. I just saw and online ad that Aldi’s is dropping its prices.

Thanks for the heads up and Hormel the Turkey Spam is great. I will have to stock up at the nearest Woodman’s Grocery in Appleton, WI and hit Aldi’s there too.


9 posted on 03/09/2011 5:28:12 AM PST by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: PissAndVinegar
awaits riots in the streets of Hawaii*

Nah, they'll just increase the haole tax to pay for more welfare to the native hawaiians. Wouldn't want them to actually work - interferes with their lifestyle.

10 posted on 03/09/2011 5:29:55 AM PST by from occupied ga (Your most dangerous enemy is your own government,)
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To: PissAndVinegar


Alot of people make fun of SPAM, but that is actually a perfect food to have stocked for times like these. Precooked, and lasts indefinitely. I saw this morning that hog futures were at the highest levels sine 1986, so it looks like SPAM will only be going up in price.
11 posted on 03/09/2011 5:29:55 AM PST by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
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To: Red in Blue PA
After years of quiet on the inflation front

We've had inflation since 2008 with the last run up in oil prices.

Mike

12 posted on 03/09/2011 5:30:52 AM PST by MichaelP (The ultimate result of shielding men from the effects of folly is to fill the world with fools ~HS)
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To: hondact200
Thanks for the heads up and Hormel the Turkey Spam is great

Will have to try that. Just saw that they have Hot and Spicy SPAM with Tabasco too.
13 posted on 03/09/2011 5:31:46 AM PST by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
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To: Red in Blue PA
Prices are already up around 30-40% over the last couple years. It is called STAGFLATION. This is what happened the last time we elected an Obama/Carter.
14 posted on 03/09/2011 5:33:12 AM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: hondact200

Forgot to add, looks like SPAM is one of the only sectors of the economy which is booming. From a 2008 article.....can only imagine the production lines now!

Spam Turns Serious and Hormel Turns Out More

http://www.nytimes.com/2008/11/15/business/15spam.html?pagewanted=1&_r=1&adxnnl=1&adxnnlx=1299676021-Mjen/MjBXf6nHPtX5 EXIw


15 posted on 03/09/2011 5:33:53 AM PST by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
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To: Red in Blue PA
During the cold war I was living off base while stationed in Germany. My landlord always wanted me to buy him Spam from the PX. He had just about starved to death after the war and was what we now call a “prepper”.
16 posted on 03/09/2011 5:34:17 AM PST by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: MichaelP

Hey, all you have to do to hide inflation, like these bathturds in the 0bama administration are doing,

is exclude food and energy prices from the inflation index.


17 posted on 03/09/2011 5:34:24 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: ladyvet

Russian Premier Nikita Kruschev actually credited SPAM with helping his armies survive during WWII.

http://blog.aurorahistoryboutique.com/tag/nikita-kruschev/


18 posted on 03/09/2011 5:38:02 AM PST by Red in Blue PA (For the first time in my adult life, I'm scared of my government.)
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To: Red in Blue PA

Fuel is doing a cost push on everything, but will reduce some demand and shift demand to other products.

BUT the SERIOUS DANGER is from the consequences of the HR2748/S.510/HR2751 FDA Food Takeover Bill that the Lame Duck Session Passed in the last hours of the 110th Congress and the “Resident” at 1600 Penn.Ave. signed into law. This monstrosity could engineer real hunger in the U.S. It is projected to cost 1.4 billion Dollars. It is said to require the creation of 17,000 new “FDA food inspector jobs” (most outside the U.S.).

If you are not aware of the consequences of this legislation, it is time for you to do some homework.

The Senate passed this mess with a “voice vote” (not wanting to be identified as to who voted for it) and then found they had to send it back to the House because it was an appropriations bill. The house replaced the content of an already existing HR2751 Bill and it was sent back to the Senate where is passed. They want to hide those votes, but I have a record of them archived.


19 posted on 03/09/2011 5:50:50 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Red in Blue PA

Starting to rise? Where has the author of this article been for the past, say, 15 years?


20 posted on 03/09/2011 5:52:25 AM PST by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: Doofer

man, I hate those smaller portions- as if we didn’t notice

like how a half gallon of ice cream now has 1.5 quarts


21 posted on 03/09/2011 5:52:49 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Doofer

man, I hate those smaller portions- as if we didn’t notice

like how a half gallon of ice cream now has 1.5 quarts


22 posted on 03/09/2011 5:52:55 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: ladyvet

Yes, they are skyrocketing. But our income is being cut by taxes and health care costs so we’re headed down the hole.

If anyone hasn’t stocked up, you’re in the closing window this week to do so. I’ve been working on it so much that hubby actually decided he’d till my garden and increased the size. It’s late to get started on a garden, but late is better than never.


23 posted on 03/09/2011 5:53:24 AM PST by bgill (Kenyan Parliament - how could a man born in Kenya who is not even a native American become the POTUS)
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To: San Jacinto

radio report yesterday said that we (USA) now devote 40% of our seed corn to ETHANOL

Algor Tom Harkin et al must be SO proud to be burning food as an inefficient fuel to save the environment, when people are rioting and starving


24 posted on 03/09/2011 5:56:13 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Red in Blue PA

Product shrinkage is what gripes me.

Walmart has shrunk their coffee again. What used to be a 3# (48 oz) in 1978 has shrunk to just over 24 oz in 2011. Their price on the shrunk can is (as of last week) $6.00.

In 1978, I recall a coffee shortage and prices skyrocketing (in 1978 dollars). The price of a 3# can of coffee rose to over $9.00.

==

Last week, fresh produce seemed to be stable from the previous week. Tomatoes were the most noteable increase — from about $1.49 (previous week) to $2.49 per lb. Lettuce was up from about $1.00 per head to $1.49. Ironically, bagged salad was the same price it has been for months.


25 posted on 03/09/2011 6:10:06 AM PST by TomGuy
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To: hondact200

We always go to Aldi first...buy everything we possibly can there, then hit the regular supermarket for what we can’t get at Aldi.


26 posted on 03/09/2011 6:13:43 AM PST by dawn53
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To: Red in Blue PA

Great advantage here in East Tennessee - we have lots of surplus stores. I recently saw Cafe Bustelo (which normally sells at $3.78 a package) for $2.00 each - I bought all 60 of them. I then put them in a Space Bag and vacuum packed them. Should last me a while. I love my coffee strong and Cafe Bustello is as strong as Starbucks.

I love these stores - toilet paper, health care items, bandages, paper products all for about half of grocery store prices. Crushed boxes don’t bother me at all.

I have been stocking up for two years now. I put in a garden, learned to can and dehydrate and I am building a chicken tractor next weekend. I will do my best to survive this idiocy we call a government.


27 posted on 03/09/2011 6:17:36 AM PST by 30Moves
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To: hondact200

I just started using Aldi’s as my grocery store. Flour and sugar is still a real 5# bag. Not a higher price 4#. Coffee was a better buy by a few bucks too. They even had powdered milk at nearly $4 cheaper than the regular grocery.


28 posted on 03/09/2011 6:18:52 AM PST by EBH ( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
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To: Red in Blue PA

food prices are starting to rise.-——

Seems to me they’ve been rising for some time now, not ‘starting’ to rise. Well especially when you consider they cut down the size of a can of vegetables, toilet paper rolls etc...to fool the consumer into believing prices hadn’t already risen...gettin less for the same price, now they are beyond fooling the consumer....ain’t the ‘age of Obama’ , grand?


29 posted on 03/09/2011 6:22:31 AM PST by Freddd
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To: Red in Blue PA

This is a direct result of effectively PRINTING MONEY!, and MONETIZING THE DEBT!

We should be having DEFLATION right now, but the FED thinks this is not acceptable, so its doing everything it can do to prevent it.

Fewer people working, less disposable income mean wages and prices should lower, instead, wages lower and prices increase...

The FED NEEDS GONE! And the folks in DC authorizing this nonsense need drawn and quartered.


30 posted on 03/09/2011 6:23:29 AM PST by HamiltonJay
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To: Freddd

Guess that’s why I’m canning bacon today...


31 posted on 03/09/2011 6:23:58 AM PST by Freddd
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To: MrB
Hey, all you have to do to hide inflation, like these bathturds in the 0bama administration are doing,
is exclude food and energy prices from the inflation index.


32 posted on 03/09/2011 6:26:55 AM PST by 1rudeboy
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To: Red in Blue PA
People pay money for food? The Coupon Whisperer gets his groceries (and a lot of other stuff) for FREE or close to it.
33 posted on 03/09/2011 6:27:21 AM PST by PJ-Comix (The Coupon Whisperer)
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To: 4Runner
Four rolls of Scott toilet tissue for FOUR DOLLARS at Wal*Mart last week.

The Coupon Whisperer has about a two month supply of TP that cost him NOTHING. In about a month will stock up again on FREE TP. Anybody who shells out those bucks for TP deserves to get ripped off.

34 posted on 03/09/2011 6:32:29 AM PST by PJ-Comix (The Coupon Whisperer)
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To: silverleaf
man, I hate those smaller portions- as if we didn’t notice

Yeah, the FREE OJ that The Coupon Whisperer now picks up only come in 59 oz size rather than the FREE 64 oz size he used to get it in.

35 posted on 03/09/2011 6:35:54 AM PST by PJ-Comix (The Coupon Whisperer)
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To: Freddd

What do you put in the jars with bacon to can it?


36 posted on 03/09/2011 6:36:21 AM PST by ELS (Vivat Benedictus XVI!)
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To: ladyvet

Remember there is about 6 cents of wheat in a loaf of bread with wheat at $3.60 and if wheat doubles to $7.20 then the price of bread should increase by another 6 cents. When wheat prices went to the teens in 2008 the price of bread went up with bakers blaming the high cost of wheat. However when wheat subsequently collapsed back to $3.60 last summer did anyone notice the price of bread coming back down?


37 posted on 03/09/2011 6:36:34 AM PST by clodkicker
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To: 30Moves
Great advantage here in East Tennessee - we have lots of surplus stores. I recently saw Cafe Bustelo (which normally sells at $3.78 a package) for $2.00 each - I bought all 60 of them.

Hmmm... Not bad but The Coupon Whisperer prefers his FREE Cafe Bustelo.

38 posted on 03/09/2011 6:38:26 AM PST by PJ-Comix (The Coupon Whisperer)
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To: Red in Blue PA

Not the Jennie O turkey loafs! NOOOOOOO!

Actually had one the other day and I did notice the smaller portions. Damn.


39 posted on 03/09/2011 6:40:30 AM PST by DeathBeforeDishonor1
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To: Red in Blue PA

This shouldn’t be a shock to anyone but most of the moron public is too tied up with sports, American Idol, reality TV that they can’t make the connection between oil prices and the price of transportation, producing food or any other industrial process that produces the things that keep us and an economy going.

Either the states need to tell the fed to piss off and open drilling and refining within their state boundaries or there needs to be a second revolution to complete what should have been done with the democrat party in 1865 and to restore the Constitution.

FUBO & FAD


40 posted on 03/09/2011 6:44:29 AM PST by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: 4Runner

Sounds like you got wiped out.


41 posted on 03/09/2011 6:46:02 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Red in Blue PA

watch for the Global Leftist War on Commodity Trading to fire-up in earnest any day now


42 posted on 03/09/2011 6:46:23 AM PST by Buckeye McFrog
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To: Freddd; ELS
Backwoods Home had an article on canning bacon last month. One more thing for my “to try” list.
43 posted on 03/09/2011 6:49:39 AM PST by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: Freddd; ELS
Backwoods Home had an article on canning bacon last month. One more thing for my “to try” list.
44 posted on 03/09/2011 6:49:39 AM PST by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: Red in Blue PA
From my weekend homstead project in WV. I still have over 50lbs of potatoes overwintered so the total will be over 800 lbs. All canned or frozen. Some sold. The Big Boo
45 posted on 03/09/2011 6:54:03 AM PST by The Big Boo (Lone Wolf M/C)
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To: Red in Blue PA

Savvy shoppers who cook from scratch are going to get out of this much easier.

I have noticed that prices have risen more for name brand, convenience, and higher end items than the basics. I can still get a can of store brand tuna for $.65. Name brands I can’t get for less than $.75 on major sale, they are now just over a dollar. One local store has a “dinner for two” special in the pre-made food section that saw a 13% increase, but the milk prices haven’t changed yet.

Kale is still cheap, onions rose a while ago, but I haven’t seen a new price rise lately. Certain vegetables that got hit this winter are higher and the bag o’ salads are ridiculous, but a lot of the basic root vegetables aren’t rising yet.


46 posted on 03/09/2011 6:58:51 AM PST by PrincessB (Drill Baby Drill.)
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To: Red in Blue PA

I’ve noticed in the last few weeks that there is lots of SPAM on the shelves but you can’t find Corned Beef anywhere!


47 posted on 03/09/2011 7:00:53 AM PST by Ruy Dias de Bivar (Visit the TOMMY FRANKS MILITARY MUSEUM in HOBART, OK. I did, well worth it!)
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To: Red in Blue PA

In my supermarket a pound of butter and a pound of bacon are almost the same price as a gallon of gasoline, hamburger is selling for almost what steak was a year ago and eggs are nearly $2 a dozen. It is actually cheaper for me to treat myself to salmon or tuna steaks on the grill than to have a steak.


48 posted on 03/09/2011 7:05:22 AM PST by The Great RJ (The Bill of Rights: Another bill members of Congress haven't read.)
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To: Red in Blue PA

I used to have a Bill Mauldin cartoon (Willie andd Joe) in which Liberty ships are unloading supplies in the Russian ports.

Two commie officials are going over a translation book trying to figure out what they had.

There stacked on the pier were cases of Mazola oil and spam along with other name brand US made products.


49 posted on 03/09/2011 7:06:18 AM PST by Ruy Dias de Bivar (Visit the TOMMY FRANKS MILITARY MUSEUM in HOBART, OK. I did, well worth it!)
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To: silverleaf

**like how a half gallon of ice cream now has 1.5 quarts***

And just a few weeks ago it was 1.75 quarts, down from a half gallon just a few years ago!


50 posted on 03/09/2011 7:08:14 AM PST by Ruy Dias de Bivar (Visit the TOMMY FRANKS MILITARY MUSEUM in HOBART, OK. I did, well worth it!)
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