Food inflation

[banquo's_bumble_puppy]

What foods have you noticed going up the most lately?

Me - bread, cheese, canned goods

[Swift]

As best as I can tell, my food is the same size it has always been.

Oh, that's not what you mean by inflation. Never mind.

[Jim]

It's not simply food costs going up, it's also food portions going down. Some cereals cost the same per box, but the boxes have less cereal in them, for example.

[NEOWatcher]

It's not simply food costs going up, it's also food portions going down. Some cereals cost the same per box, but the boxes have less cereal in them, for example.

I count that as food costs going up.
Afterall; the cost per serving is what affects me. Yes; intertwined, but even if X is on the other side of Y, you still have the same equation.

[suntrack2]

I think the fuel market is dropping a great impact on the commodity price setting strategy, and we know where the demand is more the prices are up, and where the deman and supply both are steady then the cost of the produce will remain unchange, this is the basic economics. Today we are looking that this problem persist more severe, though there is a ample food on earth, but the cost formation is not too much suitable with the demand and supply, may be demand and supply both are descrete and hence it is just fluctuation just like a "teperature meter's mercury". up and down are the daily activities in the market, as we are looking.

As far as food is concern, that is much important, and it must be equally to receive to every person on earth with a greater quality, but people's preferences are quite different and they demand a variety of food, their choices are changing every day, so what will the producer do. Even for farmers it is quite tedious to produce a great yield in the condensed economic environment, where the inflation rate is higher. there are couple of reasons why the problems are coming so.

But we can cope up with the situations arise daily by making a long term strategy, planning is must, and appropriate planning and implimentation can cause the problems better in under control.

Food inflation is nice concept though, but it is directly related with the "law of demand and supply" and with the economics of pricing the commodities.

And every day the population of earth is growing substantially.

[Argos]

Down here: rice, beans, beef are leading. But there´s an overall inflationary trend [in perfect coordination with the rest of the world].

[mike alexander]

It's just the Invisible Hand.

Stop complaining. And don't drop the soap.

[chrissy]

quite a lot of the food stuff has gone up in price:
for example, minced beef it was £0.89p just prior to christmas, then it went up to £1.00p shortly after christmas, a month later it went up to £1.20p then they put the price up to £1.69p then last month it went up yet again to £1.89p for just 1/2lb.
The bread has gone up from £0.79p to £1.20p, which is less in comparison to the meat.
My shopping bill has doubled in almost a year.

[RalofTyr]

NOTHING I BUY HAS GONE UP?

Reason? I only buy when it's on sale. I have price thresholds and if it's too much, I don't buy it. I've learned to do with out.

I got those supermarket paper ads in the mail. I find the lowest price and I go there. Superior has great deals on produced and meat, so I get that stuff from there. Ralphs sometimes has good discounts, so I go there as well.

My thresholds

Steaks/Pork; No more than about 2 dollars per meal.
Chicken: 59 cents a pound. (I buy in bulk and freeze the rest in plastic bags from the dollar store.
Eggs; $1.50 per dozen.
Sausages; $1 for 8.
Fresh veggies, rice, noodles, brand name stuff; Only when it's on sale and around a dollar for a couple days supplies. Plain rice can go several weeks on a dollar.

The other day I picked up oranges for $0.11 cents a pound and avocados for $0.20 cents each. I'm also growing my own food.

[mugaliens]

It's not simply food costs going up, it's also food portions going down. Some cereals cost the same per box, but the boxes have less cereal in them, for example.

The foods impacted the most are those incurring the greatest transportation costs.

Regardless, cost-conscious grocery shoppers should always take the same approach:

1. Find healthy foods with the greatest mix of calories and nutrition per unit of price.

That's it. It's that simple.

As prices change, your selections may change, but the approach itself, it's strategy, remains sound.

[Whirlpool]

Over here, Rice has went up bigtime. That has given us big impact , because it is our main food. People fall in line in the supemarket just to get Rice, cheapest price is Peso35/ kilo. And that is so expensive!

[danscope]

I buy in bulk when I can...ie flour , 10 lb bag, put it up in a large glass jar and a large tupperware bin . 1/2 price.
I seldom buy cans...with exception of tomato products .
Fresh and local when you can get it.
Alas...here comes the next great round of inflation, which bludgeons young and old alike. The young because they have to start out buying 'everything' for their new home; the old because they are between a rock and a hard place with a fixed income. What options do they have? ............
Alas and alack....but soft; there comes an election...

Dan

[mfumbesi]

Rice, cereals, milk, bread have gone up big time locally.

[chrissy]

That minced beef has gone up again today to £2.20p that is another £0.31p hike from a month ago.

[Jens]

Reason? I only buy when it's on sale. I have price thresholds and if it's too much, I don't buy it. I've learned to do with out.

I got those supermarket paper ads in the mail. I find the lowest price and I go there. Superior has great deals on produced and meat, so I get that stuff from there. Ralphs sometimes has good discounts, so I go there as well.

I can sort of understand what you're saying. Except that at least where I live, the price of items on sale has also gone up. Maybe something that used to be 200 yen used to sometimes go on sale for 150, and I'd buy it. Now the normal price is 240 yen, and the sale price is 180. So it's still smart to use sales, but that doesn't alleviate the problem. . .

[RalofTyr]

I can sort of understand what you're saying. Except that at least where I live, the price of items on sale has also gone up. Maybe something that used to be 200 yen used to sometimes go on sale for 150, and I'd buy it. Now the normal price is 240 yen, and the sale price is 180. So it's still smart to use sales, but that doesn't alleviate the problem. . .

What size bag of rice is that for?

Here, there's a special. 20lb bag for $6.99

[Jim]

I count that as food costs going up.
Afterall; the cost per serving is what affects me. Yes; intertwined, but even if X is on the other side of Y, you still have the same equation.

Ah, but you're not supposed to notice.

Foods bought by the ounce or pound, the consumer will notice an increase in price. But foods bought by the container, the average consumer won't.

Especially if the container size remains the same.

So, most consumers would say things aren't so bad. A box of breakfast cereal costs only a few cents more than it did last month. The box has stayed the same size; the contents have shrunk.

Yes, it's semantics, but it works.

[novaderrik]

Ah, but you're not supposed to notice.

Foods bought by the ounce or pound, the consumer will notice an increase in price. But foods bought by the container, the average consumer won't.

Especially if the container size remains the same.

So, most consumers would say things aren't so bad. A box of breakfast cereal costs only a few cents more than it did last month. The box has stayed the same size; the contents have shrunk.

Yes, it's semantics, but it works.

but people start to notice when they go thru 2 boxes of Corn Flakes every week instead of just one, and the milk that they pour on it is costing almost twice as much per gallon as it did a year ago.
one nice side effect of the current economy is that sales of generic brands are going up. in the world of cereal, for example, people aren't buying the big $5 box of Kellogg's Corn Flakes as much as they used to, but they are buying the same sized $3 box of Malt-O-Meal corn flakes that taste almost the same. granted, the generic versions of some cereals aren't as good as the real thing- don't try to tell me that "Marshmallow Matey's" are as good as as "Lucky Charms"- but the big names with the big marketing budgets are hurting the most right now, as far as sales go. and any time the big names are hurting financially there is a small part of my reptilian brain that just feels happy for some reason.