Posted on 09/11/2021 6:36:24 AM PDT by blam
Putting food on the kitchen table has become much more expensive, squeezing household budgets at a time when many families are already stressed by the Delta variant surge hitting as kids go back to school.
Food prices rose a full percentage point in August, up from six-tenths of a point in July, defying predictions that inflation would cool off, data from the Bureau of Labor Statistics showed Friday. Compared with a year ago, food prices are up 12.7 percent, outpacing the overall increase of 8.3 percent in the Producer Price Index.
On an annual basis, that is the highest level of food inflation in records that go back to 2010. The monthly figure is the third-highest on record, following May 2020’s pantry-raid that emptied many grocery store shelves and February 2011.
Prices of some staples have been driven sky-high. Some of the truly startling annual numbers from Friday’s Producer Price Index:
•Beef and Veal: +59.2 percent
•Pork: +34.1 percent
•Chickens: +32 percent
•Fish: +18 percent
•Turkey: +41.4 percent
•Fresh eggs: +31.7 percent
Shortening and cooking oils are up a jaw dropping 43.5 percent.
Not all food prices are up, of course. Dairy prices are down. Fresh fruits and vegetable prices have fallen (although canned fruits and vegetable prices are up).
Grain prices are up an incredible 98 percent...
(snip)
(Excerpt) Read more at breitbart.com ...
Quick....print $3.5 trillion dollars of phony “infrastructure” money!
Keep voting Democratic for inflated high prices.
Trumps fault.
“Way To Go Joe” sees no evidence of inflation. Janet “why are you” yellin says if there is any, it’ll be short-lived.
Hey, at least there’s no more mean Tweets…
Anyone still think stimulus dough was free?
As if meat hasn’t already gone through the roof, check out the grain prices!
Those will accelerate meat prices over the next year.
Left off the part about me buying some cows, chickens and hogs...
I despise RATs. I will never understand why anyone would vote for them.
Bacon +100% around here.
But, but,but, I saved ¢16 on hot dogs.
Come on, man.
All you need is beans and rice. All that meat causes global warmongering or, you know, the thing.
Cho Bai Dung
You know what hot dogs are made from?…
The greatest price increases for me have been in dairy products.
Aldi has raised many snack prices (about a year after lowering them).
What exactly caused them?
Yeah, but no more mean tweets!
You know what hot dogs are made from?…
**********
All them assorted parts are what makes wieners good.
I used to work at Oscar Mayer in Madison, Wis when I was much younger...
HIGH fuel prices for farmers to get their crops harvested & to market will drive that up alot.
Drought also cut the crop volume.
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