Thread: Food Prices Rising

On 8/9/2010 4:02 PM, [email protected] wrote:
> In my area Pittsburgh, PA, food prices really seem to be increasing
> especially for beef. It is hard to get any hamburger for less than two
> dolllars a pound. Spare ribs on sale last summer were around $1.59,
> but now on sale they are around two dollars, and the same for pork
> chops. Then I read in the paper that the Russian wheat harvest is in
> trouble, and that bread prices will probably rise between twenty and
> thirty percent.

Bought a ten-pound sirloin roast Saturday at the local Kroger store,
$.47 a pound. Cut it up into steaks and three small roasts. Baby back
ribs were $2.47 a pound, a good price around here. Spare ribs routinely
run from $1.75 to more than $2.00 a pound when not on sale and, rarely,
99 cents a pound when on sale.

I never heard of the Russian wheat harvest affecting bread prices in
American, we don't do a lot of trade with them as far as I know. Plus
they can get Canadian wheat cheaper than they can from us.
>
> Of course the headlines mention economists who are worried about
> deflation rather than inflation. I guess they have not gone to the
> store lately.
>
> Tom

Here in the south I don't notice the food prices going up that much
except with luxury goods. Seems prices have remained reasonable of late
and I do all the grocery shopping.

On 9-Aug-2010, "[email protected]" <[email protected]> wrote:

> In my area Pittsburgh, PA, food prices really seem to be increasing
> especially for beef. It is hard to get any hamburger for less than two
> dolllars a pound. Spare ribs on sale last summer were around $1.59,
> but now on sale they are around two dollars, and the same for pork
> chops.

Since the economy tanked a couple of years back, I've noticed "cheap" cuts
have risen in price quite a bit, while steaks and other expensive cuts have
dropped significantly. One example is flank steak; here (STL) I used to
think $7/lb was a bargain, it is now 25% lower than its previous regular
price. I'm eating steak (rib-eye, Delmonico and T-bone) far more often
because the prices are dramatically lower. None of the stores I frequent
carried skirt steak in the past, now all the supermarkets near me have it,
at a lower price point than flank steak. I think a lot of people are now
"buying down" from what they used to buy, driving up the cost of "lesser"
meat and driving down the cost of "premium" cuts.

The same is true for pork. I don't buy enough chicken to really have a good
sense for its fluctuations; but, I do buy cornish hens regularly and they
seem to have stayed in the same prices range the past two years.


--
Change Cujo to Juno in email address.

On Mon, 9 Aug 2010 14:02:21 -0700 (PDT), [email protected]
wrote:

> In my area Pittsburgh, PA, food prices really seem to be increasing
> especially for beef. It is hard to get any hamburger for less than two
> dolllars a pound. Spare ribs on sale last summer were around $1.59,
> but now on sale they are around two dollars, and the same for pork
> chops. Then I read in the paper that the Russian wheat harvest is in
> trouble, and that bread prices will probably rise between twenty and
> thirty percent.
>
> Of course the headlines mention economists who are worried about
> deflation rather than inflation. I guess they have not gone to the
> store lately.

Those prices don't seem too bad compared to Austin (which I think
compares pretty low to other cities).

73% lean hamburger is $2 in small quantities. And non-sale pork
spares are about $2.39 (currently $1.57 on sale).

-sw

Sqwertz;1516739 Wrote:
> On Mon, 9 Aug 2010 14:02:21 -0700 (PDT), [email protected]
> wrote:
> -
> In my area Pittsburgh, PA, food prices really seem to be increasing
> especially for beef. It is hard to get any hamburger for less than two
> dolllars a pound. Spare ribs on sale last summer were around $1.59,
> but now on sale they are around two dollars, and the same for pork
> chops. Then I read in the paper that the Russian wheat harvest is in
> trouble, and that bread prices will probably rise between twenty and
> thirty percent.
>
> Of course the headlines mention economists who are worried about
> deflation rather than inflation. I guess they have not gone to the
> store lately.-
>
> Those prices don't seem too bad compared to Austin (which I think
> compares pretty low to other cities).
>
> 73% lean hamburger is $2 in small quantities. And non-sale pork
> spares are about $2.39 (currently $1.57 on sale).
>
> -sw

I'm looking at the Piggly Wiggly flyer as I type. Meats on sale are

3lb. bag of bnlss/skinlles breasts $4
Thick cut pork shops $2/lb
Chicken drums $.80/lb
80/20 ground beef $2/lb

Other
__________

Butter $2/lb
Seedless watermelon $3
Red or green seedless grapes $1/lb

Large Mexican supermarkets in the Pheonix area have great prices and
move stuff fast, as the previous post alluded to. I think the wheat
crisis in Russia will help our government profit from the subsidization
of Ag. Big poker chip, because you know farmers aren't going to be
bringing in that money. This must be some sort of record year in the
upper midwest. Lots of rain at perfect intervals. We're looking at five
cuttings of hay. Just unloaded a ton of it over the weekend.




--
Gorio

George Shirley <[email protected]> wrote:
>I never heard of the Russian wheat harvest affecting bread prices in
>American, we don't do a lot of trade with them as far as I know. Plus
>they can get Canadian wheat cheaper than they can from us.

Yabut as the Ruskies shop around to make up for their wheat shortfall,
there *may* be a cascade effect as they buy from other suppliers. For
instance if they buy a lot of Canadian and drive any surplus down,
then other wheat supplying countries will also see an increased
demand.

In my local supermarket market, the UK-owned Fresh and Easy smaller
grocery store chain is duking it out with the local full-sized
supermarkets and prices are pretty nice.

F&E has dropped their chicken prices about 20 cents a pound - quarters
are 88 cents/lbs. Over at Food4Less, chicken quarters are 78
cents/lbs and have come down about a dime. I also think some items
are running into shelf life issues and going on extended discount like
cheese (1 lb packs for $2.50 or $3.00 depending on brand - I only get
sharp cheddar when I see them) and 12 oz can fruit juices. (3 for a
buck)

Every now and then the Food4Less will have pork for 77 cents/lb and
it's got some streaky fat in it that makes it perfect for grilling -
mmmmm flavorful pig meat - just a dash of salt and heaven. The more
expensive stuff is too lean and lacking in the gusto.

Pasta prices went up a couple of years ago and have only come down a
little. There used to be deals for pasta at 50 cents/lb pretty
regularly but ~75 cents/lb seems the lowest now.

I'll be curious how the 5 lb for $4 bags change in price.

Eggs are $1.75 for 18 (AA large)

PsS

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