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The Cost of Groceries Lately

Posted by $ Abaco 1 year, 5 months ago to Economics
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This has been on my mind a lot lately. I go to a grocery store that isn't in the upper end of pricing. But, every time I go lately I'm stunned at what groceries cost. What the hell is going on here - in the grand scheme of things? Is our leadership trying to put our citizens on a diet? Trying to get us to eat bugs and weeds? One of my kids wanted dad to grille some hotdogs tonight. Pack of hot dogs, a little ice cream, buns and (for dad) sour krout. A couple other small items. About $65. I'm doing fine financially but what about Joe Sixpack? How are working, paycheck-to-paycheck families doing it these days? Is the government trying to grow the food stamp program? These prices are getting ridiculous. One obvious note is the price of turkey/chicken dogs vs. beef. Appears to be about a 3X difference.

Any similar observations? Any thoughts?


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  • Posted by Dobrien 1 year, 5 months ago
    This is an intentional development. Millions of chickens destroyed due to bird flu according to the CDC ( enemy of the people) Food plants going up in smoke. The supply chain disruptions. Sharp increase in fuel costs. Baby food bought by the govt to give to illegals .Bill Hates buying up hundreds of thousands of farmland acres and ending production. Food shortages predicted this summer. Let’s give more money and attention to Ukraine. Stock up folks , Nothing to see here.
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    • Posted by term2 1 year, 5 months ago
      I havent heard much about this, but the changing in actual supply chains required by de globalization will raise prices of a lot of things. We had been enjoying the benefits of globalization until russia and china decided to take over countries and we elected an idiot as presicent
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      • Posted by CaptainKirk 1 year, 5 months ago
        Until we elected an IDIOT as president... And he urged Russia and China (through his weakness, and WEF Plans).

        FITFY.

        He had one job. Do not let Russia and China become good buddies, as together... They can defeat us economically and militarily! (And in todays world... In common sense, and basic strategy).

        But he sh!t that bed pretty quickly!
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  • Posted by freedomforall 1 year, 5 months ago
    I've been reporting here about grocery prices for a couple of years.
    I was trained by my parents to buy the grocery 'sales', to stock up when prices are down.
    My freezer is always full of meat and seafood.
    The 'sale' prices were affected first, if my experience is any guide.
    Pork is the meat that many less-than-rich consume because beef prices were already too high for the budget.
    Pork prices on sale are up over 100% in the past year. Sale prices on chicken in bulk are up almost 100%.
    Sale prices on fish fillets at the low price end are up more than 200% in 18 months.
    Fresh salmon on "sale" is up over 70% from last year.
    Bulk bacon is not even available now at the store where I purchased it 18 months ago at $2/lb.
    Most recently (6 mo.) it was $3.50/lb.
    Tomatoes on sale are up 70% in the past year. The 'normal' no-sale prices is up 100%.
    Onions and apples are up about 100% from last summer.
    I don't buy prepared foods like hot dogs, sandwich meats, tv dinners, but frozen chicken pot pies
    on sale are up about 70-100%.
    Fortunately flathead catfish have been biting recently.
    We hadn't caught any in past years, but this spring we have
    caught several 12 to 15 lb and several about 5 to 6 lb,
    plus some 2 to 4 lb channel cats.
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    • Posted by $ Markus_Katabri 1 year, 5 months ago
      Cat Fish are good eating...:can concur!
      We grow veggies. And Can....I’m friends with local ranchers and dairy farmers. And I know how to fix their stuff. So meat and dairy was never a problem during the pandemic. I trade beans for meat. Daughter has meat birds and layers. I’m also stacked to the rafters in the basement. Like 5 gal buckets stacked. With Oxy absorbers. Our personal strategy is to revert to pre electricity technology. I’m only kinda kidding when I say it’s a great time to be a Luddite. And if you all couldn’t tell by now. I’m an accelerationist. Let’s step on the gas and drive this bus way back in the woods so I can warm my hands by the dumpster fire of western civilization. I’ve already told my kids that they better learn to be happy with less. As a family when we start hurting there will be many many more who are way worse off.
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      • Posted by mhubb 1 year, 5 months ago
        well...
        you see me eating fish and the apocalypse is here
        LOL

        and i fear is is getting close
        close enough that i am planning to buy a fishing kit for my bow
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    • Posted by mhubb 1 year, 5 months ago
      we bought a small freezer, one that o can power from the batteries and solar panels i have, just in case

      and a vacuum sealer

      and we are doing just as you suggest, buying on sale, stocking up when possible
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      • Posted by Exitstageright 1 year, 5 months ago
        I operate a small (section and a half) ranch in Texas.
        Cattle prices are definitely up because everyone was selling beeves during the drought when hay was unaffordable. We were bringing hay in from a 1000 miles away, and the cost of fuel was killing us.
        Also, all other feeds are up 70 to 100% from a year ago. What some ranchers are doing is selling individual young calves to families and feeding them out to 600-800 lbs. Then they take them to a butcher, and the individual customer picks it up & winds up paying, for any cut of beef, around $4.50 per lb. That cuts out distribution costs and gets around asinine FDA requirements.
        If you have storage for 350 to 400 lbs of beef, or go in with others, its a win win.
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        • Posted by term2 1 year, 5 months ago
          I suppose we used to grow our own cattle for consumption and there were NO middlemen. But people don't realize what is involved in actually providing for oneself what we used to just go to a store and buy.
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  • Posted by term2 1 year, 5 months ago
    I think price inflation takes a tortuous path to equalize from the monetary inflation (money printing of the government). I bought a 2008 Chevy truck for $32k. Today the same thing would relieve me of about $90k. Thats about 300% increase. I bought a house in about 2008 for $170k. It would be about 600k presently.

    This is not super accurate, but I would say between 2008 and 2023 the money is worth about 1/3 of what it was- dollar for dollar.

    Not everything goes up price the same amount. There are supply and demand differences, as well as production method and raw materials usages that affect it too.

    That said, I am expecting that most things will have increased in price 3x since 2008. Chipotle lunch used to be around $8, and now its twice that. Gas costs at least 3x what it cost then.

    I live in vegas and off strip buffets cost about $8 for lunch. Now, there's only one off strip buffet that you can get for $16. The rest are closed or are $25-30. Sit down lunch is more like $20-25 per person.

    Its just that in the end, the money has depreciated by about 2/3 due to our thieving government people just printing up more money to pay for the programs they wanted to sell us all on. We let them get away with it, so its really our fault.

    The government knows exactly what it is doing, and will probably go all the way with the money printing as a way of having more power without the people seeing whats happening through bigger taxes.

    We let them have way too much power over us. We can buy gold, but the government is going to confiscate that like they did in the 1930's to keep people from protecting themselves from the money printing.

    This time around they will do the Central Bank Digital Currency and forbid cash, so they can determine what you can do with your "money" easily and quickly.

    I feel for the young people who are going to have to live though this. Its not going to be pretty. AS was NOT really a novel- its real life at this point, and in the end revolution will wind up taking place.
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    • Posted by CaptainKirk 1 year, 5 months ago
      Term you make a great point about them taking gold. I will demand SILVER as payment. Or Platinum. If forced to sell, I will purchase other precious metals. But I will FIGHT like hell.

      The reason they had to make gold illegal before was to get rid of the GOLD Certificates and de-gold the system. Since they already did that, they don't need to do it again. Besides, they are holding the price of gold down pretty well... Until they can't!
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      • Posted by term2 1 year, 5 months ago
        they will find a way to confiscate the gold (they know about or we are trying to sell it in a SHTF scenario) only if it lets the citizens avoid some sort of plan the government has brewing like "protecting" their dollar
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  • Posted by JohnRandALL 1 year, 5 months ago
    Cost of groceries here compared to Europe are ridiculous. When I go to Italy, I can buy much better quality ingredients for cooking, at half the price. Recently, someone posted cost comparison of grocery prices between USA and UK. UK prices were like 1/3 what we pay here. And the products here are much lower quality. Sad.
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  • Posted by katrinam41 1 year, 5 months ago
    Us fixed income folks have seen every food item go up by at least 50%. Buying the store brand is a crap shoot. Some items are worth it, some are not . For example, buying fresh broccoli is expensive, but compared to what we get for our buck, it's a better buy than frozen broccoli which has become mostly chopped up stems. Fresh produce, especially at this time, is the best bet. If we had an extra $5k we'd invest in a dehydrator. Sharing the cost would be great if anyone we know had some extra cash lying around, but there's the rub. No one we know does. With careful shopping, I've managed to keep our grocery bills from doubling. Last year a cart with my normal items ran between $90 and $120. This year that same cart averages $140 to $170.
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  • Posted by $ allosaur 1 year, 5 months ago
    Two or three months ago on TV me the dino heard Jill the Pill with her doctorate in elder abuse just giddily gush how her precious Joe "has done so much" and needs to be reelected "so he can finish the job."
    Actually it's that Puppet-In-Chief's Marxist handlers who want to commit the "fundamental change" Obamanation of finishing us off. Joe doesn't know what day it is.
    And if you don't like all that Schiff along with all the high gas and grocery prices you need to be cancelled for being a racist riddled with every kind of "phobe" there is.
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    • Posted by term2 1 year, 5 months ago
      I cant imagine how Biden could get re elected in 2024 with madam word salad as running mate. Imagine being stuck with Kackling Kamala actually meeting with Putin or running the military? We may have actually gone past the point of no return as a country even with 18 more months of biden himself....scary
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      • Posted by $ allosaur 1 year, 5 months ago
        The honest voters could not beat the massive cheat of 2020.
        A massive landslide for Trump might help during 2024 with the GOP may or may not adopting the left's early voting tactics but that remains to be see,
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        • Posted by $ blarman 1 year, 5 months ago
          Personally, I hate ballot harvesting and think it should be illegal in all federal elections. It's widely acknowledged to be rife with fraud.

          What I'd like to see is for election day to become a national holiday. All voters must vote in person at the polls. Exceptions - including for the military stationed overseas - by mail-in ballot must be signed and witnessed by a notary public under penalty of twenty five years in prison per violation. In addition, the penalties for election officials tampering with votes should be no less than twenty five years in prison per violation. Any state which decides to allow for electronic vote tally machines may do so but both the manufacturers and the Secretary of State can also be punished by no less than twenty-five years in prison upon conviction for vote tampering.
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          • Posted by $ allosaur 1 year, 5 months ago
            Actually, I agree with you 100% along with the paper ballots like I get to use in Alabama.
            The thing is, we will need a Republican president and a GOP majority in the Senate and the House and not enough RINOs to gum up the works to pass such a law.
            No way the Demonrat wannabe commies will go for that.
            Until that happens, the GOP needs to match Jackass Party voting techniques and to video record and arrest as much cheating as possible,
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  • Posted by WilliamRThomas 1 year, 5 months ago
    Beef supply is affected by drought in the midwest.

    There was a big article about this in the Wall Street Journal. That's why beef prices are so relatively high right now.

    Also, as a long term trend, expect to see beef keep getting expensive compared to chicken and pork. Chicken and pork are factory-farmed in a way beef cannot be, so the production of chicken and pork has soared compared to beef in recent decades.

    Also, a few years of inflation above five percent will raise all prices notably..
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    • Posted by $ blarman 1 year, 5 months ago
      True. And Time-To-Market is vastly different. Chickens can be raised egg to slaughter in four months for meat birds. Pork somewhat longer (8?). It takes a good two+ years for beef - even though there's substantially more meat. And that's not taking into account the space: chickens and pork are relatively dense in comparison to the acreage needed by beef...
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  • Posted by CaptainKirk 1 year, 5 months ago
    I am going to make a few recommendations.
    We have a stock of Whey Protein and various canned proteins (Sardines).

    As push comes to shove, strongly consider giving up bread, sugar, carbs.
    These things make you hungrier.

    I eat a 99% meat only diet. yes, it's more expensive, but not much more.
    I haver near zero food waste.

    I buy in bulk. Vacuum pack, and freeze (if you vacuum pack, look into Sous Vide).
    Take it out, drop it in the water bath, and cook it. Don't sweat the timing.
    Great for Ribs, Brisket, etc. (I cool them off, then put smoke on them).

    Learn to Can. So you can buy in bulk, Pressure Can. We are doing more soups this way, but things like meat sauces, or beanless chilis.

    Finally, learn to FAST. Probably one of the healthiest things you can do.
    If you do a 3-5 day fast, you shut off creating new blood vessels... And this is what makes Cancer Dangerous. Having direct access to your blood/glucose.

    Find a way to LEAN INTO what is being forced upon you. It beats complaining, and it can build "Super Powers". There is something magical in knowing that I Can skip eating every weekend. Or I can eat just 2-3 cans of sardines for most of the week, then have a decent meal. And actually be healthier for it.

    YMMV... But the less I eat, the healthier I get!
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  • Posted by bobsprinkle 1 year, 5 months ago
    Talking to my ex wife a week or so ago. She isn't doing very good income wise. She was complaining about having her food stamp program being cancelled. Has to go to local " pantries". Have food stamps gone away?
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  • Posted by $ blarman 1 year, 5 months ago
    I think it's not only ironic but completely disingenuous that the "official" inflation numbers specifically exclude the three things most Americans spend money on: housing, fuel, and food. What a complete joke!
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    • Posted by JakeOrilley 1 year, 5 months ago
      Very true! I wonder why the inflation number is a number people actually talk about.....
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      • Posted by $ blarman 1 year, 5 months ago
        Because until you dig into it you think it is a real thing. It's a sleight-of-hand by the politicians to disguise their failed policies.

        What bugs me almost as much is how the agencies play with the definitions of things and the politicians never call them out on it.
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  • Posted by $ pixelate 1 year, 5 months ago
    I've similarly noticed grocery prices advancing skyward (living in Southern Arizona). I shop at Food City, mostly, where most of the Mexicans shop, so as to keep my food costs reasonable.
    However, I have a different story.
    In 2003, I bought a new base model Camry LE for $21,000.
    In 2021, I replaced that old car, with new a base model Camry LE for $23,500.
    An 11% appreciation in price over 18 years -- and the new model has twice the number of air-bags, all the electronic assistants, glass panel, Sirius XM, Android Auto -- plus, it gets 45 mpg on the Interstate (the old model got 35 mpg). I am driving as much as possible -- thinking that soon, 2025? -- I will be required to install some new Green Odometer that tracks my mileage and then sends me a bill for all miles above X per month -- to fight Climate Change or some related nonsense.
    The wheels are being pulled from the wheels of the economy; I am doing what I can to get in As Much Good Living As Possible in the time that remains.
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  • Posted by Rex_Little 1 year, 5 months ago
    Must be different where you are, but I can go out right now and get a pack of 8 hot dogs, a bag of 8 buns, and a 1.5 quart package of ice cream for under $6.50. Don't know what sauerkraut costs, or what your other small items were.
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    • Posted by JakeOrilley 1 year, 5 months ago
      Do not know where you shop - but cannot touch those kinds of prices here..... The hot dogs and buns would be more that that.....
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      • Posted by Rex_Little 1 year, 5 months ago
        I'm in Mesa, a suburb of Phoenix. We have three major supermarket chains, plus Walmart and a couple of discount chains. Fry's (owned by Kroger) has the hot dogs on sale for $1.99, and the ice cream for $2.99. Walmart's regular price for the buns is $1.38.
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    • Posted by CaptainKirk 1 year, 5 months ago
      I hope you meant each? LOL.
      It's $6.09 for 8 publix brand beef franks (Store Brand). $4.00 for 8 buns.
      $7.53 for Mayfield Chocolate Ice Cream.

      so $18.00 (About triple your number)
      Florida... Then 6% sales tax.
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      • Posted by Rex_Little 1 year, 5 months ago
        Wow, looks like I picked the right place to retire. The hot dog and ice cream prices I quoted are sale prices, but even the regular prices are less than yours by about a third. And while our sales tax is 8.5%, it doesn't apply to food.
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  • Posted by AmericanWoman 1 year, 5 months ago
    Have seen the same at the stores even a simple thin pair of rubber gloves no name store name....went up $.29 paper items do up what seems like every week..hair products we need to have dirty smelling hair and now my local store sent all the goodies in the store for Pride month dedication....its all in free fall.
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