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Rising food prices hit consumers at grocery checkout
The Palm Beach Post ^ | 12:00 a.m. EDT, September 19, 2011 | Susan Salisbury

Posted on 09/19/2011 4:12:08 PM PDT by newzjunkey

… Beef, veal, pork, eggs and such dairy products as butter, milk and cheese have seen the biggest increases in the past year, said Richard Volpe, an economist with the U.S. Department of Agriculture.

The price of groceries rose 5.4 percent from July 2010 to this July, according to the USDA's latest report. ...

Now the rising cost of energy, the weaker dollar and growing global food demand are driving the price.

Beef and veal prices are expected to increase as much as 8 percent this year, with pork projected to go up as much as 7.5 percent. Beef prices are expected to climb another 4.5 percent to 5 percent next year as well, Volpe said.

"There are a couple of really good reasons for that. For one — and this is a story that pertains to a lot of foods — the U.S. dollar is very weak. That means the purchasing power of people abroad is stronger. There is strong demand for our protein-heavy foods, such as meat and dairy," Volpe said.

Exports decrease the domestic supply. Cattle and hog supplies are near historic lows after an increase in feed costs led to a large-scale sell-off of beef and hogs in the United States in 2008, Volpe said.

Droughts and floods also have led to increases in the price of wheat, corn and soybeans, all used for animal feed. Higher fuel prices affect everything, but especially dairy products. ...

(Excerpt) Read more at sun-sentinel.com ...


TOPICS: Business/Economy
KEYWORDS: food; foodprices; foodsupply; inflation; letsroll; prices
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Unexpected! /s
1 posted on 09/19/2011 4:12:13 PM PDT by newzjunkey
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To: newzjunkey

Five percent since last year? This is a joke. I think the real increase is over ten percent. But, they won’t admit that because it would mean increasing SS and other payment tied to a COLA.


2 posted on 09/19/2011 4:18:24 PM PDT by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: newzjunkey

We turn massive amounts of animal feed - corn - into ethanol to continue the alternative fuel boondoggle, so the prices of beef, pork, poultry and everything else that would otherwise consume that corn go up. But I wouldn’t expect Emperor Obama’s commissar of agriculture to mention that.


3 posted on 09/19/2011 4:18:28 PM PDT by Argus
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This is JUST NOW getting attention down there? Its been kicking my families ass here in PA for over a year now.


4 posted on 09/19/2011 4:18:36 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: raybbr

Kid you not, I can’t go shopping anymore. Guess I have to watch that coupon show or something. My wife on the other hand; I have no clue how she does it without sticking the store up, God bless her.. ;)


5 posted on 09/19/2011 4:21:30 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: raybbr

COLA...yeh...guess what’s going to happen...They’re going to give us COLA next year than take it ALL back for Medicare B.


6 posted on 09/19/2011 4:21:30 PM PDT by Sacajaweau
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To: raybbr

I agree. Our grocery bill has certainly jumped more than 5% in the last year. 5% does not equate to the dollar amount we are paying above what we were paying. Higher fuel costs are being dropped on groceries also.


7 posted on 09/19/2011 4:22:44 PM PDT by RetiredArmy (EVERY knee shall bow and EVERY mouth shall say: Jesus Christ IS LORD!!!!)
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To: raybbr
I thought that food and energy prices weren't factored in for inflation and thus not for COLA.
8 posted on 09/19/2011 4:23:26 PM PDT by JPG (Palin '12)
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To: raybbr

It’s getting crazy. Stuff is easily 25% higher to 50% higher. Packages are getting so small, I just don’t bother buying some stuff.


9 posted on 09/19/2011 4:23:31 PM PDT by riri
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To: newzjunkey
I used to always be able to get my potatoes for 99 cents per five pound bag. Now it's 1.99 to 2.49.

Chicken legs? from 49 cents to 69 cents.

Split breasts? From 99 cents to 1.19.

All prices are the consistent sale prices.

That is a lot of inflation in the basics for anyone on a tight budget.

10 posted on 09/19/2011 4:27:12 PM PDT by dirtboy
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To: dirtboy

Obama’s Middle Class Tax


11 posted on 09/19/2011 4:28:01 PM PDT by scooby321
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To: newzjunkey

our business is bulk ag. All of our transport costs are going up. We pass those costs on to our customers. For example, tires for our trucks have increased 8%, now at $440/per tire. ($52 per tire is Federal Excise Tax) Crop production is down an average 15% so far and the elevators have emptied out.
Blame it on blam who wouldn’t let Katie out of bed to bar the door!


12 posted on 09/19/2011 4:28:48 PM PDT by griswold3 (Character is Destiny)
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To: scooby321
Middle class? Inflation is a tax on everyone except those holding a lot of debt.

And in this economy, when salaries are stagnant, it doesn't do much for those people.

And the sick thing is that the inflation bites the poor the hardest.

13 posted on 09/19/2011 4:29:50 PM PDT by dirtboy
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To: raybbr

Just paid $10 a gal (or less) of basic - cheapest I could find - ordinary kitchen oil...what about that?


14 posted on 09/19/2011 4:30:14 PM PDT by American Dream 246 (Open your eyes. Freedom is not a one day fight. Enemies of Freedom are legion.)
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To: Michael Barnes
This is JUST NOW getting attention down there? Its been kicking my families ass here in PA for over a year now.

The author of this is probably some retired government employee, receiving his lottery style government pension.

Else he's been asleep for years now.

15 posted on 09/19/2011 4:32:37 PM PDT by dragnet2 ((Diversion and evasion are tools of deceit))
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To: newzjunkey

Ramen noodles have gone up too (.14 cents a pack). But I can get my pork for the price of a little bit of time and a round of ComBlock metalcase 223.


16 posted on 09/19/2011 4:33:46 PM PDT by waterhill (Got pig?)
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To: American Dream 246
Just paid $10 a gal (or less) of basic - cheapest I could find - ordinary kitchen oil...what about that?

I've noticed that, too. Fried chicken is as hard on your wallet as your arteries nowadays.

17 posted on 09/19/2011 4:35:05 PM PDT by tnlibertarian (Things are so bad now, Kenyans are saying Obama was born in the USA.)
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To: newzjunkey

Energy is the lion’s share of this. If the Bachmann plan for forcing OPEC to cut its prices (drill, baby, drill all over the USA) were put into effect, food prices would cool and might even deflate compared to the last time oil was at that point.


18 posted on 09/19/2011 4:37:06 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: newzjunkey

Good! May be my wife will now go on a diet? Hahaha


19 posted on 09/19/2011 4:43:26 PM PDT by federal__reserve (Peace through strength has worked better than peace via appeasement in history.)
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To: newzjunkey

The GOP at all levels needs to hit on this theme next year. Inflation is real, under reported and we all can see it in our lives. Everything that matters, gas, food, heating, etc costs more than 4 years ago, a lot more. This is a clear and winning issue that we can beat over the heads of Democrats. I can dream right...?


20 posted on 09/19/2011 4:44:41 PM PDT by azcap (Who is John Galt ? www.conservativeshirts.com)
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To: HiTech RedNeck

Don’t forget the drought here in cow country. It will affect prices for at least four more years.


21 posted on 09/19/2011 4:44:47 PM PDT by waterhill (Got pig?)
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To: newzjunkey

I am up to 62 birds....ducks, geese and chickens. I should have at least 200 to 300 at this time next year.

I sure hope my family learns to like eating ducks and geese. ;>) I’m told that Muscovy duck tastes like beef.... that would be great.


22 posted on 09/19/2011 4:45:21 PM PDT by Gator113 (Palin 2012, period.....)
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To: Michael Barnes
Read somewhere that markets are resisting couponing. My local store views every coupon with suspicion. Claim is the stores are losing money on bogus coupons or people with “too many” coupons.
23 posted on 09/19/2011 4:48:09 PM PDT by fatnotlazy
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To: waterhill

Too bad pipelines can’t be set up to bring water into these chronically parched areas from areas of the US that chronically flood. Water water everywhere, except where you want it.


24 posted on 09/19/2011 4:49:05 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: newzjunkey

Who cares? I just swipe my EBT, yo

http://www.youtube.com/watch?v=ylV8y_JZbuk


25 posted on 09/19/2011 4:50:39 PM PDT by cowtowney
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To: raybbr
SS COLA are based on the 3rd quarter Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

For 2008, it was 215.495, for 2010 it was 214.136. Since the 2010 number wasn't higher, there was no COLA. I don't think anyone expects that number to be lower this year. It's more of a question of the size of COLA coming.

Latest estimates say the COLA could be 3.5% for 2012. Headline News

26 posted on 09/19/2011 4:51:24 PM PDT by newzjunkey (Will racist demagogue Andre Carson be censured by the House?)
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To: fatnotlazy

Normally scanners are set up to recognize bona fide coupons, which are rebated at a reasonable rate by the companies they promote. But multiple-couponing is going the way of the dodo, until food price pressures ease.


27 posted on 09/19/2011 4:51:24 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: cowtowney

Well even food stampers should care, because the stamps/EBTs are issued in quotas measured in dollars. They are hit by higher prices too.


28 posted on 09/19/2011 4:53:43 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: newzjunkey

And the EPA wants to control DUST on farm and ranches.


29 posted on 09/19/2011 4:53:59 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: steveab

Can’t have dusty cows and chickens no sir ree!


30 posted on 09/19/2011 4:55:46 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: azcap
-- The GOP at all levels needs to hit on this theme next year. --

The establishment wings of the parties don't dare. Congress has the enumerated power to regulate the value of money.

31 posted on 09/19/2011 4:58:33 PM PDT by Cboldt
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To: newzjunkey

I am probably not a typical purchaser of groceries. I lost my wife a few years ago and am not much of a cook. Typically I buy things which can be microwaved, or heated on a stove.

For what it is worth, my food costs have gone up dramatically, much more than 6%. I did notice around 6 months ago, many things went up by a huge amount, sometimes doubling in price. They have come back down but not to what they were a year ago.


32 posted on 09/19/2011 5:00:23 PM PDT by yarddog
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To: newzjunkey

5% my hiney. The same buggy of groceries that cost $150 in spring is $200 now.


33 posted on 09/19/2011 5:12:05 PM PDT by Some Fat Guy in L.A. (Go Steelers (what's the baseball team called again?))
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To: newzjunkey

And Michelle tells us to eat healthy. Healthy isn’t cheap.
Hell, the cheap stuff isn’t cheap anymore.

Win— preferably win BIG in 2012 or I see a slow slow death.


34 posted on 09/19/2011 5:16:29 PM PDT by TribalPrincess2U (Rabid democRATS and 0bama the dictator own it all now.)
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To: dirtboy

I wish! Our prices are way higher than that!


35 posted on 09/19/2011 5:17:16 PM PDT by ozaukeemom (Is it 2012 yet?)
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To: yarddog

I suggest you get on it and learn as best you can, sir. I don’t see prices coming down. Grow some greens in a bucket. Turnips are super easy, eat the root and the leaves. Same with radish. Buy rice in bulk. beans too. Lots of info here and other places on the web. (I live on fish, wild pig, beans and ramen/rice for very little.)

Lots of frugal FReepers here to learn from. Just a thought.
God Bless.


36 posted on 09/19/2011 5:20:16 PM PDT by waterhill (Got pig?)
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To: Michael Barnes

Since I’m a stock up kind of person, I buy strictly sale goods and fill in with what I have.


37 posted on 09/19/2011 5:26:05 PM PDT by tiki
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To: Gator113

We just moved to a more rural area of Ohio, down on the river across from W. Virginia. We now have two acres of very fertile land. We moved here too late to put in a garden this year, but our neighbors had a bumper crop of everything and kept us in produce most of the summer (great with four growing kids). One of the neighbors has chickens and has promised us one or two next year. Their 14 y.o. son is going to plow up a garden for us (they do a lot of truck farming and own a greenhouse a few doors down). I’ve started learning how to can produce so when the garden produces next year, I’m ready ;)


38 posted on 09/19/2011 5:26:15 PM PDT by Hoosier Catholic Momma (How long till my Arkansas drawl fades into the twang of southeast Ohio?)
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To: newzjunkey
As long as they keep printing money backed up by NOTHING, then inflation will continue to gallop on.

I believe by this time next year INFLATION will be one of the three primary issues to voters.

39 posted on 09/19/2011 5:29:27 PM PDT by VideoDoctor
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To: waterhill

I actually grew up on a farm. Even after my parents quit farming they always had a large and excellent garden. I am fortunate in a way. I have all kinds of fruit trees including apples, pears, figs, Japanese persimmons, pecans, scuppernongs, plums, and satsumas. The apples are not all that great, (this is NW Florida) but the other fruit is good.

I do grow a small garden but only tomatoes and watermelons. Just getting too old to do more.

Times really have changed. I can remember Mother killing a chicken for dinner. We would kill hogs in the Winter. Always had a milk cow. Mother never bought anything pre-cooked. We probably could have survived without any store bought items but you do need a few things such as salt, pepper etc.


40 posted on 09/19/2011 5:30:59 PM PDT by yarddog
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To: newzjunkey

Hit the food market about 11am. By then the butcher has marked down the prices of meat that expire that day. Instead of paying $2.99 p/lb for chuck roast, the butcher has stuck a $3 discount tag on the package, so I buy a 3 lb. roast for $6. I stick it the freezer and make a pot roast on Sunday.

Same with fish. Go to your fish department on late Friday afternoon. If the fish monger has a big stack of fresh cod or ocean perch on ice in the cooler, ask if he’ll take half-price for a few pounds. Sometimes he will, sometimes not. I’ve bought fresh cod, my favorite, for as little as 99¢ p/lb.

Ditto with catfish. I’ll tell the guy I need $1 of catfish for the cat. He’ll toss in a pound or more and charge me a buck. Saves on the cost of catfood and keeps the mouser fat and happy for days.

In these times, sometimes you gotta be a scrounge to eat well.


41 posted on 09/19/2011 5:32:20 PM PDT by sergeantdave
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To: Gator113

I see lots of omelettes in your future:)


42 posted on 09/19/2011 5:32:30 PM PDT by waterhill (Got pig?)
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To: yarddog

Well forgive me, lol. You know better than me! Good luck anyways! Sorry.


43 posted on 09/19/2011 5:38:21 PM PDT by waterhill (Got pig?)
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To: Argus

Do you know that the corn’s sugar only is used to make ethanol,and the remaining protein is used as high quality animal feed?Do a little research please.


44 posted on 09/19/2011 5:40:21 PM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: dirtboy

In my area a gallon of whole milk was about $3.85 last year and is now $4.60.


45 posted on 09/19/2011 5:43:00 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: OldMissileer

The price of milk is killing us with four kids. Our (almost) four year old drinks a lot of it by himself. Aldi will a lot of times have it for very cheap and I’ll stock up. I found out you can freeze milk and I’ve got four gallons in the chest freezer in the garage. Last week I picked up whole milk for 99 cents per gallon (near the expiration date, but going in the freezer).


46 posted on 09/19/2011 5:47:44 PM PDT by Hoosier Catholic Momma (How long till my Arkansas drawl fades into the twang of southeast Ohio?)
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To: Some Fat Guy in L.A.
5% my hiney. The same buggy of groceries that cost $150 in spring is $200 now.

Very true, and then some.

Examples: I've observed a gallon of a quality name-brand chocolate milk has gone from $3.69 a gallon last year to currently $6.49 a gallon.

Real Cheese: Package of 24 single slices from $2.59 to 4.19 a package. My point: For every $6.28 I used to spend.. I must now spend nearly $10.68 for the same product, same content.. all thanks to inflation.

47 posted on 09/19/2011 5:48:36 PM PDT by VideoDoctor
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To: waterhill

This thread got me to thinking. It really is amazing how our cooking and eating habits have changed over the last century.

My Granddaddy outlived grandmother by several years. When he was in his mid 80’s he was still living alone and taking care of himself fairly well.

One thing Grandpa did was keep a frying pan full of grease on the stove. He typically fried something every day. One day one of his daughters came by and noticed the frying pan. She poured out all the grease, scrubbed the pan and refilled it with fresh oil.

The next day, my Daddy stopped by to check on him. He complained that Aunt Mary stole his grease. He suggested that she was selling it.


48 posted on 09/19/2011 5:53:14 PM PDT by yarddog
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To: newzjunkey

bho... mmmmmmmmmmmm... mmmmmmmmmmmmm... mmmmmmmmmmmmm

LLS


49 posted on 09/19/2011 5:53:55 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: Hoosier Catholic Momma
We also stock up on milk and other items.

The prices I quoted were on the civilian side. We get whole milk for about $3.00 per gallon at the nearby Commissary at the military base.

Our 16 year old son hits the milk pretty hard. I do not drink it as much as I used to. Vegetables, on the other hand.....

50 posted on 09/19/2011 5:57:51 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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