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Originally posted by RyandeaN
I live in the UK and Food Prices hear are changing daily!!!
At my local supermarket i can buy a product one day go to buy the same product again the day after and have seen increases anywhere from 20-80% its really shocking and this has only been happening in the last month and its mainly across the board everything has gone up its relentless, i have also overheard lots of other customers commenting on how most of the products have gone up unbelievably.
If this keeps happening its gona hit the fan, people round here are already struggling to get by
Originally posted by shermanoaks
reply to post by Regenmacher
Using advertisements for meat is not a good indicator. You see, as grain prices increase, namely corn prices, many meat producers counter the extra feed costs by reducing their herds. This is happening currently. When herds are reduced, livestock floods the market and suppresses the price because of increased supply. This will continue for a given amount of time until the supply is used up then meat prices will climb.
A better indication of price increases can be better found in the price of coffee or sugar at the grocery store. In my case, I noticed today in the store that I went to, the price of a large can of name brand coffee was $13.19. I was buying the same coffee last year at this time for $8.99. Prices are increasing if you look at the proper items and understand how the system works internally.
Originally posted by shermanoaks
reply to post by Regenmacher
Actually it was Maxwell House and it was at our local IGA store. I believe that Folgers was 12.99 for the same size can.
Originally posted by MidnightTide
reply to post by sara123123
Not famine, but many people will not be able to afford food prices any longer.
Originally posted by hypervalentiodine
Here in Australia we've been having price cuts. Milk is so deliciously cheap now!
Originally posted by Regenmacher
Originally posted by shermanoaks
reply to post by Regenmacher
Actually it was Maxwell House and it was at our local IGA store. I believe that Folgers was 12.99 for the same size can.
Maxwell House $8.99 free shipping $50+ order
www.staples.com...
That's great Reg that you can find deals today. Couple things though, we are predicting that prices will shoot up, so we are not saying today they are 50% higher, second, many people live VERY tightly. You will notice these people at the market with 1 or 2 items in their basket and wondering the story deciding what to buy. There are people that feel the pinch now, or will certainly feel it if things go much higher, especially if things move 50% higher. Who wouldn't.
Key to this conversation, what is coming down the pipe?