20 Foods That Will Double In Price This Summer

[Black Blade]

20 Foods That Will Double In Price This Summer

If you're fed up with soaring grocery prices, unfortunately, we bring some more bad news. Thousands of grocery staples will cost you 50% more than they did last summer, and some of them are likely to face even steeper increases due to a myriad of issues impacting food production. From drought to snow to storms and massive floods, extreme weather has battered the U.S. in recent years, and shoppers likely will feel the lingering effects at the grocery store over the next few months. Good weather, especially in the spring when planting season starts, is crucial to growing a bountiful crop of fruits, nuts, and vegetables. But the extreme swings this year have left many growers behind schedule, which means we are no longer talking about temporary food inflation, but a new normal where prices are more expensive, and do not return to historical averages.

BLACK BLADE: While some food prices have come back to earth (i.e. eggs from $26/5 doz. to $6/5 doz, Other foods have increased and some will increase further. Meats and grains (wheat, rise, oats, corn, etc.) are still rising. Cooking oil prices are under pressure with the war in Ukraine limiting seed oil supplies, the SE Asia restrictions on palm oil exports, the olive tree blight in the Med, etc. cooking oil prices are expected to rise much higher. Not much being discussed but sugar production has fallen sharply and as a result sugar prices will rise again.

 

[ByronF]

The items you list are staples that one will use up eventually. So worst case is your predictions are 180-deg wrong and prices of these items go down (does anyone really expect that). If one has the space they should consider banking up some food. There is always room for more if one gets creative.

 

[yellowhand]

Stockpile food stuffs, really can't go wrong.

 

[OhioPlinker]

Probably not a doubling of price, but the processors will try to make up for their reduced profits from the last couple years.
Oh, and getting dry here in the eastern Corn Belt. So at least locally slightly higher commodity prices, but less production.

 

[Story]

Eggs at ALDI this week / $1.11 per dozen


PARIS, June 2 (Reuters) - The United Nations food agency's world price index fell in May to its lowest in two years, as a slump in prices of vegetable oils, cereals and dairy outweighed increases for sugar and meat. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally-traded food commodities, averaged 124.3 points in May against a revised 127.7 for the previous month, the agency said on Friday. The April reading was originally given as 127.2.

World food prices fall to two-year low in May, UN food agency says | Reuters

 

[hueyville]

Some of our regular items have already more than doubled. 99 cent items now $2.49 is crazy. Placed a "pic-click" order for pickup Friday at Kroger of items on sale with litim of five per item. Daily store price rang out as $126 bur after store sale, manufacturer coupons and Kroger "Buy 5 Save $5" were applid the $126 dropped to $72. I repeated same order today and a friend is picking up after church and dropping off. Five containers of wifes "Natural Skippy" peanut butter, five packs of vegitarian chicken patties, five of chicken nuggets, five almond milks, five boxes of organic cereal, etc. My cereal is now $5.29 but with the store sale, coupon and "Buy 5 save $5" its $1.99 per box.

Receipt said I saved 46% off daily low price. With the limit of five per iteem on every item purchased per order have to just repeat same order over every day can find someone to pick it up. Leaning on friends/church folk to pick up (Tuesday have doctors appointment so will pick that up at back door ourselves) will have twenty of each item by end of sale period then next week when sales change whatever items can do similar with will pile them up. We save 38% to 54% on most orders from Kroger and stab them two to four times per week then hoard.

 

[yellowhand]

They were about giving away Bud Light yesterday locally, if anyone is so inclined.

 

[easttex]

20 Foods That Will Double In Price This Summer

BLACK BLADE: While some food prices have come back to earth (i.e. eggs from $26/5 doz. to $6/5 doz, Other foods have increased and some will increase further. Meats and grains (wheat, rise, oats, corn, etc.) are still rising. Cooking oil prices are under pressure with the war in Ukraine limiting seed oil supplies, the SE Asia restrictions on palm oil exports, the olive tree blight in the Med, etc. cooking oil prices are expected to rise much higher. Not much being discussed but sugar production has fallen sharply and as a result sugar prices will rise again.

Is this your YouTube channel? Or do you simply follow it closely?

 

[Story]

Eggs - $.91/ dozen at ALDI​