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Companies raise prices on food, shoes, diapers (Heinz, Nike & Kraft)
CNNMoney.com ^ | March 20, 2011 | Annalyn Censky

Posted on 03/20/2011 5:46:29 PM PDT by NRG1973

Look out! From Huggies diapers to Nike shoes, Americans are about to get less bang for their buck on some of the biggest brands.

This week, paper-products maker Kimberly-Clark announced plans to raise prices on diapers and toilet paper later this summer. Nike said it would increase prices on their shoes. And food companies Kraft, Smuckers and Heinz recently announced price hikes on some of their brands.

"The increases are necessary to offset inflationary pressure from higher raw material and energy costs," Kimberly-Clark (KMB, Fortune 500) said in a press release.

Huggies diapers and Pull-Ups prices will rise by 3% to 7%, the company said. Cottonelle and Scott 1000 toilet paper will rise about 7%.

Kraft Foods (KFT, Fortune 500) raised its price on Maxwell House coffee by 22%, or 70 cents per pound, after Smuckers (SJM) said last month it would raise the price of Folgers by 10%.

The increases come as major brands struggle to keep their profit margins intact, amid surging costs on raw materials. Producer prices rose 1.6% in February alone, the the biggest jump in nearly two years, according to government data released Wednesday.

Until recently, producers and retailers resisted price hikes, fearing they would lose customers during a still-sluggish economy and high unemployment.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy
KEYWORDS: foodprices; foodsupply; inflation; preparedness; prepping
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Didn't Ben Bernanke tell us there that there is no inflation?
1 posted on 03/20/2011 5:46:33 PM PDT by NRG1973
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To: NRG1973

Now the government comes after then telling them no to raise prices, like Zimbabwe.

We print money but you no raise tha prices!!! Is profiteering against tha peeple!!


2 posted on 03/20/2011 5:48:21 PM PDT by Christian Engineer Mass (25ish Cambridge MA grad student. Many younger conservative Christians out there? __ Click my name)
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To: NRG1973

Thank goodness for my COLA.....NOT!! 2 years in a row!!


3 posted on 03/20/2011 5:49:08 PM PDT by Sacajaweau
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To: NRG1973

“Cottonelle and Scott 1000 toilet paper will rise about 7%.”

Pretty soon, we can just use our worthless dollar bills....


4 posted on 03/20/2011 5:51:52 PM PDT by kittymyrib
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To: NRG1973

Coffee prices go up and down. Even after the recent increases, it still costs less than it did in 1979 when it was $10.74 for the large can.

The increase in paper costs is more of a concern I think.


5 posted on 03/20/2011 5:51:52 PM PDT by I_Like_Spam
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To: NRG1973

This can all be fixed in 6 months, but there is no political will to do what’s required.


6 posted on 03/20/2011 5:52:01 PM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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To: NRG1973

I do not buy products even American ones that are run by and for liberals such as GM, GE, Heinz, Pepsi, Dole, etc.

I boycott their products and refuse to buy them.

However I do buy products from Ford, Coca Cola, etc.


7 posted on 03/20/2011 5:52:24 PM PDT by scorchedearther
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To: NRG1973

It’s going to be interesting what the regime will say when it’s time for the seniors to get their yearly COLA. If the Republicans were in power imagine what the media would be yelling over the past two times they didn’t get one.


8 posted on 03/20/2011 5:53:49 PM PDT by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: NRG1973
Didn't Ben Bernanke tell us there that there is no inflation?

Great minds and all that rot.

You beat me to it, barely!

That SOB should be removed/fired post haste.

Of course there is "no inflation" as those A-Holes continue to REFUSE to consider 2 of the biggest everyday expenses, food and fuel in the CPI.

9 posted on 03/20/2011 5:54:16 PM PDT by Conservative Vermont Vet ((One of ONLY 37 Conservatives in the People's Republic of Vermont. Socialists and Progressives All))
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To: Conservative Vermont Vet

Bernanke and Geithner are morons along with their boss, Obama.

These dumbasses need to go, the sooner, the better.

I can’t wait for 2012 to register my anti Obama vote.


10 posted on 03/20/2011 5:56:20 PM PDT by scorchedearther
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To: ReverendJames
It’s going to be interesting what the regime will say when it’s time for the seniors to get their yearly COLA. If the Republicans were in power imagine what the media would be yelling over the past two times they didn’t get one.

I've been wondering how long 0bama can get away without giving a COLA to Social Security recipients. I suspect the BLS will find a way to give out a small COLA this year...but it will not match the runup in prices.

By understating inflation the BLS helps the federal government in 2 ways. One, it allows them to give out smaller Social Security COLA's than what they should. And, two, tax brackets are indexed to inflation so workers are hurt by "bracket creep".

11 posted on 03/20/2011 5:59:19 PM PDT by NRG1973
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To: ReverendJames

” it’s time for the seniors to get their yearly COLA. “

You mean the “Greedy, selfish, useless eater parasites that are bankrupting the country”, don’t you??

/sarc (kinda.)


12 posted on 03/20/2011 6:00:02 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Christian Engineer Mass
Now the government comes after then telling them no to raise prices,

Very unlikely IMHO.

As long as they make significant donations to the 2012 re-election campaign, they're good to go.

The Baraqqi economic model is crony capitalism.

13 posted on 03/20/2011 6:00:19 PM PDT by nascarnation
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To: NRG1973

Yeah. It’ll be interesting to see what they say the inflation rate is/was for this year and what they’ll tell the seniors. It seems that the government workers get their COLA right on time regardless of inflation.


14 posted on 03/20/2011 6:01:33 PM PDT by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: Uncle Ike

Yeah, them! Although my ex-mom in law is a pretty decent person.


15 posted on 03/20/2011 6:02:32 PM PDT by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: scorchedearther

Do you have a good site to share that tells you exactly WHO owns WHAT these days?

It’s hard to keep up...

Thanks. :)


16 posted on 03/20/2011 6:02:51 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
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To: I_Like_Spam

Hyper inflation is on its way. THe more money the goverment prints, the less our dollar is worth. It will catch up with us sooner or later, and it looks like its well on its way.

I’m almost sure that the zero administration knew what it was doing with all the bail-outs, stimulus bills, etc. They are all working toward a one-world currency, as foretold in the Book of Revelation.

In order for this to happen, the American dollar has to be devalued in the world economy. Many countries are looking toward a new standard - not the American dollar.

We’ve also seen some states put forth alternative forms of currency, such as Utah. It all makes sense.

God help us. I’m not sure these policies can be changed, even if we win the WH in 2012. Things are escalating almost to a point of no return.


17 posted on 03/20/2011 6:04:28 PM PDT by Catsrus
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To: NRG1973

This is impossible. Helicopter Ben tells us so.


18 posted on 03/20/2011 6:06:14 PM PDT by Uncle Miltie (Allah sucks pig teat.)
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To: NRG1973
WARNING Don't go walking in the Ghetto wearing new Nikes!
19 posted on 03/20/2011 6:06:59 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: NRG1973

“Excluding the volatile energy, food, shoes and diapers sectors, we see no inflation on the horizon at this time.”

- Ben Bernanke, 03/21/2011.


20 posted on 03/20/2011 6:07:45 PM PDT by Uncle Miltie (Allah sucks pig teat.)
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To: I_Like_Spam

What costs less than it used to?

Technology, of course. TVs, calculators, etc. Computers have changed the world.
Things like bicycles and clothes(goods from China)
Anything you can find on ebay in large amounts. I’ve specifically noted old books. Jewelry would be cheaper except for the hop in gold.
In fact, lots of things cost less. But essentials, no.

Food, insurance, cars, all higher.


21 posted on 03/20/2011 6:09:07 PM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Diana in Wisconsin

hard to “catch up” too....yay Heinz, get them prices up there, TeRAYsuh needs a new yacht for hubby John to wind-surf from.


22 posted on 03/20/2011 6:11:47 PM PDT by bigbob
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To: Diana in Wisconsin

Smuckers is very conservative company. My father in law just retired from them. They just completely strongarmed the teamsters and it was pretty funny.


23 posted on 03/20/2011 6:13:11 PM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: NRG1973
That just made up my mind then. For baby number 2 we're I'll make cloth fitted diapers instead of disposable. Thanks obama, for making my life more difficult.
24 posted on 03/20/2011 6:14:35 PM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: bigbob

Lurch Kerry is one of the ugliest human beings I’ve ever seen. Guess the wife is no prize, but, he (like McCain) married into money. His wife is also a big part of the Tides Foundation, which is also connected to George Soros.


25 posted on 03/20/2011 6:14:44 PM PDT by Catsrus
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To: ReverendJames

I wish there was a way to make everyone see the blatant bias of the media. For instance, local TV here had a big expose about Pa state republicans spending 12grand on office equipment. The story was 5 minutes of a 30min broadcast and was seething with rage. However, Obama takes an entourage of a thousand people to Brazil and not a peep.


26 posted on 03/20/2011 6:15:36 PM PDT by vlad335
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To: vlad335

That’s the media for you. They say they’re not biased but every day they show they are. Then they get upset when you point out the obvious to them.


27 posted on 03/20/2011 6:18:32 PM PDT by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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"Companies raise prices on food, shoes, diapers"

Women and minorities hardest hit.

28 posted on 03/20/2011 6:21:18 PM PDT by Enterprise (TSA - The Silly Agency)
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To: I still care

A loaf of bread $3.19

The same brand (my favorite) was exactly $1.64 three years ago. Nearly doubled but hey, there is no inflation. No COLA for you!


29 posted on 03/20/2011 6:22:25 PM PDT by vlad335
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To: Diana in Wisconsin

I wish there was one that I know of but I do not know.

I have kept track of these things myself over a long period of time.

I have compiled a list and I suggest others to do the same and then stick to it.


30 posted on 03/20/2011 6:23:23 PM PDT by scorchedearther
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To: NRG1973

One thing for you all to think about is that things are still VERY, VERY, cheap, compared to what they will soon cost once the dollar collapses (probably within 2 years).

Figure just about anything you buy today is half, or two-thirds off its future price. So make a list, and STOCK UP, if you have storage space and access to money (even if you have to borrow it). It’s going to be a very rough ride, but whoever has the most stuff (as in necessities) will have a much smoother time.


31 posted on 03/20/2011 6:30:05 PM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: goodwithagun

Smuckers, it is...after I finish my own stash of homemade jelly, apple butter, jams, etc. :)

I work for a couple of those Evil, Christian, Old-White-Guy-Capitalists, myself.

Wouldn’t have it any other way! :)


32 posted on 03/20/2011 6:31:17 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
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To: vlad335

A loaf of bread $3.19


That’s why some are turning to bread making:

http://www.freerepublic.com/focus/f-chat/2688675/posts


33 posted on 03/20/2011 6:31:52 PM PDT by deport
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To: vlad335

” A loaf of bread $3.19

The same brand (my favorite) was exactly $1.64 three years ago. “

I know - that’s why I decided to teach myself to bake my own bread (the way my Grandma did it - no steenkin’ ‘bread machine’ for me)... It took three days of false-starts and disasters to get something recognizable (and/or edible), but it’s been six weeks, now, since I’ve bought bread at the store....

I haven’t broken the cost down exactly, yet, but my guesstimate is somewhere between 50-75 cents per loaf - and there’s the added benefit that home-made bread makes toast (and grilled cheese sandwiches) that are a completely new and wonderful experience....

;)


34 posted on 03/20/2011 6:32:28 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: NRG1973

As of late - I buy only things on clearance and discount.


35 posted on 03/20/2011 6:32:50 PM PDT by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: goodwithagun

If I may make a suggestion... Register at target. I got 20 bucks worth of diaper coupons from them every other week. Still do in fact,I pass them around at work.


36 posted on 03/20/2011 6:33:37 PM PDT by wbill
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To: NRG1973

I have been noticing the jump in food prices for around 7 months. Certain items such as bacon, butter, eggs, sausage made huge jumps, more than doubling then came back down, then some of them went back up. Overall they went up quite a bit.

Of course everyone knows gas has gone way way up.

I get a tiny Social Security check along with a tiny federal retirement (I made the mistake once of quitting and taking my retirement with me then going back to work for a few more years) They would not let me repay it by the time I came back. When my Father started working for federal civil service, they would loan you the money to pay back you retirement if you had withdrawn it)

Actually he came out of WWII and they gave him 30 days vacation. plus generous sick pay. When I began it was 13 days of vacation and 13 days of sick leave. I guess they may have thought they owed the veterans something as he got preference for being a combat veteran.


37 posted on 03/20/2011 6:37:07 PM PDT by yarddog
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To: NRG1973
2008. Dawn of the era of Hope.

2011. Pennyless.. and Hopeless>


38 posted on 03/20/2011 6:38:41 PM PDT by libh8er
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To: Uncle Ike; ReverendJames

My Social Security income went up TEN CENTS from last year to this year.

My deduction from my income payment to pay for Medicare Health Insurance went up TEN CENTS.

I’m just rolling in dough.


39 posted on 03/20/2011 6:38:57 PM PDT by Mears
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To: NRG1973

This will be blamed on the greedy corporate overlords in order to incite the further class war.


40 posted on 03/20/2011 6:41:06 PM PDT by Winstons Julia (when liberals rant, it's called free speech; when conservatives vent, it's called hate speech.)
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To: scorchedearther; All

I eat seasonally, have a large garden and buy Wisconsin-made products whenever I can.

For example, lots of Wisconsin companies (along wtih local farmers markets) can provide me with foodstuffs:

Johnsonville Brats
Name ANY beer brewer you can think of, LOL!
Kraft Foods
Dean (Dairy)
Golden Guernsey (Dairy)
Birds Eye (frozen veggies/fruits)
Sargento Cheese
Jack’s Pizza
Great River Coffee (in Pepin, WI)
Organic Valley
Kelly Pickles
J.L. Richards (my local Butcher)
Ocean Spray (cranberries/juices, etc.)
Natural Ovens Bakery
Sparboe Farms (Eggs, but I also have laying hens)

Do a little searching close to home and support your local businesses, too. It’s pretty easy to do! :)


41 posted on 03/20/2011 6:41:14 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
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To: Diana in Wisconsin

just got part of my garden tilled up today
glad i got seeds


42 posted on 03/20/2011 6:45:45 PM PDT by jessky
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To: jessky

now that it’s warming up got over 25 eggs today


43 posted on 03/20/2011 6:48:23 PM PDT by jessky
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Lawn care product “Sevin” for killing ants, fleas and grubs, in years past $15.97 for a 20 pound bag. I went to W-M to pick up my usual years supply of 6 bags. It’s still $15.97 but for a 10 pound bag.


44 posted on 03/20/2011 6:48:46 PM PDT by Graybeard58 (Of course Obama loves his country. The thing is, Sarah loves mine.)
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To: Uncle Ike

Good for you. I have been making my own bread for years with a bread machine I got at Goodwill for $5. I also make my own freezer jams (very simple and delicious) and dehydrate then freeze all vegetables out of the garden that we don’t eat. If We didn’t live in the city and I could do more I would.


45 posted on 03/20/2011 6:51:39 PM PDT by sheana
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To: Graybeard58
bought over 50 bags of bread sat. 1-3 days over expire date 5.00
46 posted on 03/20/2011 6:52:46 PM PDT by jessky
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To: Uncle Ike

http://www.amazon.com/Artisan-Bread-Five-Minutes-Revolutionizes/dp/0312362919/ref=sr_1_1?ie=UTF8&qid=1300671956&sr=8-1


47 posted on 03/20/2011 6:53:00 PM PDT by Calm_Cool_and_Elected ("The truth does not change according to our ability to stomach it." --Flannery O'Connor)
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To: Graybeard58

Love your tagline....


48 posted on 03/20/2011 6:54:57 PM PDT by null and void (We are now in day 787 of our national holiday from reality. - It's never 3 AM at the White Hut)
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To: NRG1973

Core inflation is in check. But ask yourself how much political unrest is caused by rising equivalent rents, iPads, and machine tool prices vs rising food and energy prices.


49 posted on 03/20/2011 6:57:36 PM PDT by garbanzo (You better hold on; This one's about to get bumpy.)
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To: jessky
Hi, Jess!

I just read this quote from Loretta Lynn:

"I have grown a vegetable garden my whole life - heck that was the only way we'd all eat. I remember folks thought that was so country! Now it's in style."

*SMILE*

50 posted on 03/20/2011 7:01:51 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
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