View Full Version : Why prices are going up on food...
StoneScratcher
October 11th, 2009, 9:25 am
Food shopping yesterday, I noticed a spike in my favorite things. There was a lady and her sister or friend with her. So I asked: "Have you noticed the prices have gone up a dollar here, a few dollars there on some things?"
They both answered: "Yes!"
One lady said: "It happens every time this time of year, it's awful."
I asked: "Why this time of year?"
She answered: "Halloween. They always raise the prices because of Halloween."
"Oh..." I said.
Now you know.
http://2.bp.blogspot.com/_HktAq27Uy08/SP88u1uB2vI/AAAAAAAABSo/Dyk3xvP3BVA/s400/IMG_4213.JPG
curtis123
October 11th, 2009, 9:51 am
http://2.bp.blogspot.com/_HktAq27Uy08/SP88u1uB2vI/AAAAAAAABSo/Dyk3xvP3BVA/s400/IMG_4213.JPG
Hey, a Jerk-O-Lantern.
CaughtInTheMiddle
October 11th, 2009, 9:51 am
Yeah, it's because of the great Obama pumpkin.
Vaard
October 11th, 2009, 10:06 am
prices never went up till obama became president........
CaughtInTheMiddle
October 11th, 2009, 10:07 am
prices never went up till obama became president........
and even if they did, why would that matter to the OP?
DRS
October 11th, 2009, 10:17 am
I guess it would have nothing to do with the fact it is nearing Thanksgiving, and then Christmas two traditionally times when large amounts of family get together, nor with the fact that for the summer prices tend be lower as lots of produce floods the market.
Of course all my years of working in the grocery industry this is the first time this has ever happened it must be Obama, which is amazing because I live in Canada :D
StoneScratcher
October 11th, 2009, 10:40 am
http://lh3.ggpht.com/_mae7IzIb8yo/Se3E_SKsbQI/AAAAAAAABhs/XKGftKe5TGQ/Monsanto_thumb.jpg
Monsanto has thousands of breeding lines of pumpkin stock, Johnson said. Most the work is done in California and Florida greenhouses using traditional breeding techniques of mating the best plants with one another over generations.
Monsanto's critics call genetically engineered crops Frankenfoods. In spite of the natural appeal such a label might have for Halloween sales, Johnson said there aren't any plans to splice pumpkin genes.
"It's not something that's on the radar right now," he said.
http://www.redorbit.com/news/science/713490/monsanto_strives_to_breed_better_pumpkin/index.html
... The devil in farmer's coveralls, Monsanto has pretty much taken over soy crops in
North America, genetically modifying them and what they don't stuff into the ...
http://network.nationalpost.com/np/blogs/theappetizer/search.aspx?q=monsanto&path=http://network.nationalpost.com/np/blogs/theappetizer
LouC
October 11th, 2009, 12:12 pm
Food shopping yesterday, I noticed a spike in my favorite things. There was a lady and her sister or friend with her. So I asked: "Have you noticed the prices have gone up a dollar here, a few dollars there on some things?"
They both answered: "Yes!"
One lady said: "It happens every time this time of year, it's awful."
I asked: "Why this time of year?"
She answered: "Halloween. They always raise the prices because of Halloween."
"Oh..." I said.
Now you know.
<over sized image removed>
Talk about a totally fact free anecdotal OP of zero substance.
But thanks for the comic reading to lighten a Sunday morning.
jeepers
October 11th, 2009, 12:51 pm
Food shopping yesterday, I noticed a spike in my favorite things. There was a lady and her sister or friend with her. So I asked: "Have you noticed the prices have gone up a dollar here, a few dollars there on some things?"
They both answered: "Yes!"
One lady said: "It happens every time this time of year, it's awful."
I asked: "Why this time of year?"
She answered: "Halloween. They always raise the prices because of Halloween."
"Oh..." I said.
Now you know.
http://2.bp.blogspot.com/_HktAq27Uy08/SP88u1uB2vI/AAAAAAAABSo/Dyk3xvP3BVA/s400/IMG_4213.JPG
CPI rose slightly in July and August. Next CPI release, October 15th, regarding what happened in September.
StoneScratcher
October 11th, 2009, 1:56 pm
Talk about a totally fact free anecdotal OP of zero substance.
But thanks for the comic reading to lighten a Sunday morning.
:rolleyes:
Food shopping yesterday, I noticed a spike in my favorite things.
Maybe a fact in your life is that Twinkies and Suzy Q's have gone down in price. Lucky you. :whistle:
mysticbeauty_nbeast
October 11th, 2009, 2:43 pm
Food prices...hmmmm...imo it's like watching Gas/fuel prices anymore. They go up really without reason, and go back down without reason. Oh, sure, supply and demand argument can be used to cover the oddities in increased or decreased food prices...hurricane here, drought there, flooding somewhere else...there's always some casual answer to the problem. But no real indepth look into the costs of our food is done on a grand scale. Makes me wonder why? ......:think:
However...I've noticed my food bill raising so high that it affects my monthly allotted food budget in some months; and not even consistent in those months within a 12 month year...yet has also fallen below the allotted food budget by as much as 20 to 40 dollars in others. So we're not talking huge swings here...just little price nudges.
As my hubby would say, it costs what it costs.
Last news story I heard on this topic of 'food' was about Dairy farmers...sounds like Milk and milks type products are going up. 4 dollars for a gallon of milk was simply outrageous to even think of a few years ago....now...it's reasonable once it was made clear to the public how much it costs (over head) verses how much is made (profit) within the dairy industry. Again, it costs what it costs. We don't drink as much milks products though now either due to it.
The profit on groceries has always been high. From farmer to market is a whole different issue. What the mark up on items is verses what a healthy profit should be is just staggering imo. As much as 300 percent mark up on some items, 100 percent mark up on others. I understand building a new market...prices will go up a few pennies here and there on many items so they can build another market free and clear....once built, prices go back down by a few pennies again. It's a rollercoaster..and the price of doing business in these modern times. Markets are savvy, and will only charge as much as they know the consumer will actually pay. ;)
Add to that new taxes being discussed on a national level upon 'un-healthy' or not essential foods...and you've got one angry public that is now going to want a prob into the industry. I don't think the food industry really wants an intense prob like the oil industry or housing industry just went through. Far to many insights would near topple the multi billion dollar industry if the public really understood just how much profit some of these entities are making off of us. :shhh:
~Mysty
ThrowCop
October 11th, 2009, 4:28 pm
Food prices went up quite a bit in 2008 but this year is projected to be only ~2% gain:
2006 1.9% Increase
2007 4.2% Increase
2008 6.4% Increase
2009 1.5-2.5% Increase (Projected)
Good info here: http://www.ers.usda.gov/Briefing/CPIFoodAndExpenditures/Data/cpiforecasts.htm
Fats, oils, cereals & baked goods are up well over 10%.
LouC
October 11th, 2009, 6:09 pm
:rolleyes:
Maybe a fact in your life is that Twinkies and Suzy Q's have gone down in price. Lucky you. :whistle:
Food shopping yesterday, I noticed a spike in my favorite things.
That statement is not evidenced, is unverified, and purely anecdotal.
It is not a "fact".
I wouldn't have a clue about the price fluctuations of Twinkies or Suzy Q's.
But thanks for interjecting a totally irrelevant and idiotic segue, never a disappointment in that area with you. ;)