ECON Report food and grocery price increases/shortages here: 2021 Edition

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packyderms_wife

packyderms_wife

Neither here nor there.
Shooter said:
Omaha Ne, is putting a Aldi in across the street from walmart. never been in one before, but when they open im gonna give it a try.
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I love my Aldi, the fresh produce is very nice, cold cuts galore, including some nice hard salamis, the take and bake pizzas are very good. And then there's the Aisle of Shame/Stuff. All sorts of seasonal items that you won't find anywhere else for a great price point. they usually have the best prices on eggs, bread, and milk in my area.
 
Roadgeek

Roadgeek

Contributing Member
Tyson Foods CEO Says Costs Rising Faster Than It Can Hike Prices | ZeroHedge




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Tyson Foods CEO Says Costs Rising Faster Than It Can Hike Prices
Tyler Durden's Photo

BY TYLER DURDEN
MONDAY, AUG 09, 2021 - 01:29 PM
Tyson Foods Inc., the top chicken producer in the U.S., confirmed in an earnings call that food inflation continues to push prices higher.

Tyson's CEO Donnie King said higher costs are hitting the firm faster than the company can lift prices, and retail prices are set to rise on Sept. 5.


King must have had a mental lapse during the earnings call because the word "transitory" was not part of the conversation.
Everything from fuel to labor to raw materials (corn and soybeans) to shipping to other inputs critical for livestock farming has exponentially risen over the last year.
None of this should be a surprise as we've referenced two BofA reports that suggested "transitory" hyperinflation is not just ahead but has arrived.
In May, BofA said, "Buckle up! Inflation is here," and showed a chart of the number of mentions of "inflation" during earnings calls which exploded, more than tripling YoY per company so far, and the most significant jump in history since BofA started keeping records in 2004.

The bank concluded that this "points to at the very least, "transitory" hyper-inflation ahead:"

Then in June, BofA's economist Alex Lin wrote the "transitory inflation" meter is currently at an all-time high, "suggesting that there is significant scope for a pullback over the next year."
Lin's note confirms what the bank said in May: that the U.S. is currently in a period of hyperinflation, and hopefully, the bank is also correct that this period will be transitory.

Whether permanent or transitory, that remains the question - but evidence continues to mount, now with Tyson, that food prices have yet to peak and are still rising.
 
T

Terrwyn

Veteran Member
packyderms_wife said:
I love my Aldi, the fresh produce is very nice, cold cuts galore, including some nice hard salamis, the take and bake pizzas are very good. And then there's the Aisle of Shame/Stuff. All sorts of seasonal items that you won't find anywhere else for a great price point. they usually have the best prices on eggs, bread, and milk in my area.
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They are a lot cheaper here in the desert too. I was checking prices this morning and they were 1.50 or so cheaper on Best Food mayonaisse. The problem up here is the selection is poor. I also noticed they no longer have organic whole chickens.
 
packyderms_wife

packyderms_wife

Neither here nor there.
Terrwyn said:
They are a lot cheaper here in the desert too. I was checking prices this morning and they were 1.50 or so cheaper on Best Food mayonaisse. The problem up here is the selection is poor. I also noticed they no longer have organic whole chickens.
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I haven't seen whole organic chickens anywhere locally now for months, except at my local health food co-op and they're expensive there.
 
thompson

thompson

Certa Bonum Certamen
Shooter said:
Omaha Ne, is putting a Aldi in across the street from walmart. never been in one before, but when they open im gonna give it a try.
Click to expand...
I started shopping at Aldi in the very early 1980s, probably 1981. Over the many years I've shopped there, I can think of less than a handful of products we didn't care for. The quality and savings are very good. They were late in coming to Texas and several years ago when I found out they were opening a store here in my city I was thrilled. Their slogan used to be, "The Stock-Up Store."
 
rafter

rafter

Since 1999
I hadn't been to Walmart for weeks. I have basically been shopping Aldi. But with list in hand to fill in the holes in my stock, I went today.

Lady standing inside the door asked if I wanted a mask....uh no, they don't work. No signs anywhere about masking up outside anymore.

Most of the people there were masked. I live in small town Mo. Far from the cities. Most of the people in there were old farts. Take it >>I am an old fart, but try hard not to show it.

So the meat case had only a third of what was normally in it. Big areas of nothing especially around the roast and steak section. I walked to the back and the liquor was wiped out like I had never seen it. It is always full, but not now. Lots of bottled water. No pasta. Canned veggies were faced out with nothing behind them. Frozen veggies were stocked pretty well, I'm saying they had just done it. No paper plates. That whole aisle was totally wiped clean. TP and paper towels had very little. If you found what you wanted, you would have to crawl in the shelf to get one.
Prices were insane from the last time I was there. I thought I would add some 'no bean' chili to what I already have and it is now $2.00 a can. IMO, not worth that. Grabbed what was on my list to the best I could and went to Aldi.

Aldi was stocked as normal. I did notice they were out of one kind of olive oil. I didn't see anything else that was empty. Meat looked good and as it has been about $2. less a pound for pork. Love their thin pork chops. Their 'no bean' chili was $1.35 so grabbed a few of those....I really see no difference in theirs and Walmart.

Sure glad the hordes mostly shop at Walmart. And thankful I have an Aldi!
 
bassaholic

bassaholic

Veteran Member
Holes in local grocery stores showing up now. Norcal. Where there is food, not as deep.

Some of this is the back to school pack your lunch I'm assuming but some items are not in that arena.

Walmart meat section was around 50% of normal. No bananas at Walmart or at my main grocery store (Savemart).

The Top Ramen style noodles are bare everywhere.

I remember it looking like this when CV first hit.

Could be nothing but I am loaded for bear.
 
twobarkingdogs

twobarkingdogs

Veteran Member
I've been finding it hard to buy dehydrate hash brown potatoes here in n.ga. I normally buy the hungry jack or idaho spuds brands but none of the stores, ingles/walmart in my ao have had any for sale either locally or on their website. I like the little milk cartons they come in since they are shelf stable. Yes they are available on amazon but the prices are very excessive. It's not a major problem because I grew some potatoes this year and minced, precooked and froze my own homemade hashbrowns but the milk carton hashbrowns go nicely in my preps.

Instant mashed potatoes are still available everywhere so I don't think its a potato supply issue. While i dislike eating them straight I do keep some instant mashed potatoes in my pantry as it makes good thickener. I'm going to keep my eye on their availability to see it instant mashed starts disappearing from the store shelves and it so bump up my home stash to insure I have some put back for my needs.

tbd
 
thompson

thompson

Certa Bonum Certamen
twobarkingdogs said:
If you'll eat them consider yourself lucky as they make a good prep item and can be hidden in other items like casseroles or smothered in gravy

tbd
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Yes they are. They keep a long, long time in the cardboard milk carton packaging, too. I had an unopened package that got shoved to the back of a high shelf and when I reorganized the kitchen, found it. The expiration date was 3 years past, but I never pay attention to that stuff. When the carton was opened there was no discernable change in color (didn't turn dark) and the smell and taste was just like I'd bought it that day.
 
T

Terrwyn

Veteran Member
Well they finally hit me where it hurts. Fancy Feast Chicken Primavera. I have several cats that won't eat anything else.
I still have 6 cases but they will go fast. Only place I could find it was a price gouger on ebay. 35 a case. Regular price around 20. Won't pay that for 24 little 3 oz cans.
 
annieosage

annieosage

Inactive
Terrwyn said:
Well they finally hit me where it hurts. Fancy Feast Chicken Primavera. I have several cats that won't eat anything else.
I still have 6 cases but they will go fast. Only place I could find it was a price gouger on ebay. 35 a case. Regular price around 20. Won't pay that for 24 little 3 oz cans.
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I did find this $28.49 for the Primavera variety pack. Amazon didn't have just the chicken flavor either

Amazon

Kroger has them for $1.09/ can in my area. If you get desperate I could always grab some for you and send it.

Smiths
 
greysage

greysage

On The Level
Terrwyn said:
Well they finally hit me where it hurts. Fancy Feast Chicken Primavera. I have several cats that won't eat anything else.
I still have 6 cases but they will go fast. Only place I could find it was a price gouger on ebay. 35 a case. Regular price around 20. Won't pay that for 24 little 3 oz cans.
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It is never going back to that price. If it's all your cats eat, maybe spend the extra dough, because whatever alternative that's out there is going to get expensive too.
 
X

xtreme_right

Veteran Member
twobarkingdogs said:
I've been finding it hard to buy dehydrate hash brown potatoes here in n.ga. I normally buy the hungry jack or idaho spuds brands but none of the stores,
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I was putting a few new cartons of Hungry Jack hash browns away and noticed they changed the weight but not the carton size. They used to be 4.2 oz but the new ones are only 3.2 oz.

Now that I think about it, I found the new ones at Dollar Tree. I usually get from HEB. Maybe they package some with less weight since Dollar Tree can only sell for $1.
 
T

Terrwyn

Veteran Member
annieosage said:
I did find this $28.49 for the Primavera variety pack. Amazon didn't have just the chicken flavor either

Amazon

Kroger has them for $1.09/ can in my area. If you get desperate I could always grab some for you and send it.

Smiths
Click to expand...
That is very generous of you. I will surely keep that in mind Annie. I havnt tried Instacart yet. I ususally buy from chewy. fortunately i had just bought 4 cases from Amazon. It is almost impossible to stay ahead on cat food. It is so expensive now days and I have 7 cats. I try to have 100 lbs of dry at all times but they go through the canned so fast it isnt funny.
 
annieosage

annieosage

Inactive
Terrwyn said:
That is very generous of you. I will surely keep that in mind Annie. I havnt tried Instacart yet. I ususally buy from chewy. fortunately i had just bought 4 cases from Amazon. It is almost impossible to stay ahead on cat food. It is so expensive now days and I have 7 cats. I try to have 100 lbs of dry at all times but they go through the canned so fast it isnt funny.
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That's a lot of cats LOL
 
SouthernBreeze

SouthernBreeze

Has No Life - Lives on TB
thompson said:
Yes they are. They keep a long, long time in the cardboard milk carton packaging, too. I had an unopened package that got shoved to the back of a high shelf and when I reorganized the kitchen, found it. The expiration date was 3 years past, but I never pay attention to that stuff. When the carton was opened there was no discernable change in color (didn't turn dark) and the smell and taste was just like I'd bought it that day.
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Same here. I buy those cardboard cartons of dehydrated hash browns at Sam's. When I get them home, I empty them into large plastic jugs with tight fitting screw down lids. I have some that are 3 yrs. old, and they look and taste fine. Remember to date everything. I don't know if Sam's have them in stock right now or not. I haven't ordered any, lately.
 
SouthernBreeze

SouthernBreeze

Has No Life - Lives on TB
thompson said:
I haven't, either. I know a while back they were available online but always out of stock at the local Sam's. I always look at lots of stuff on their website, just to kind of get a feel for what's going on.
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I haven't been inside Sam's in a long time. I always order from them online. Back when I was going in the store, when I came across something I needed, but they were out, I always found it on their website. I've never had a problem getting what I need or want online from them.
 
SouthernBreeze

SouthernBreeze

Has No Life - Lives on TB
thompson said:
Me either. DH and the young'un always do the shopping based on my list (and they add to the cart if they see something we like/need that isn't on the list.)
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We do most of our shopping these days online, except for fresh produce and refrigerated items. I enjoy the ease of it, and no crowds, mask mandates, no vaccine pass, and it's delivered right to my gate. Not to mention all the violence out there!
 
greysage

greysage

On The Level
Eery experience grocery shopping today. Nearly everyone was masked and a lot of them were scared looking. Back to no to little eye contact. There seemed to be a sense of urgency among everyone including employees.

I went in with a solid list and came out with $21 in coupon savings on stuff I buy and need.
Even got extra bread, milk, coffee, eggs, cheese, butter, chocolate, beef sausage, and frozen potatoes. Was tough finding ammonia, it was standard flavor and store brand, and in the back of the bottom shelf.

Hamburger went back up in price to over $6 for standard ground beef to $11+ for grass fed. Chicken sausages were on sale at $3.99.

Generally noticeable less selection all around.

Produce was well stocked except for prewashed and packed veggies, that was like 50% empty spaces.

Only disappointment was the whole milk mozzarella string cheese was only available in 12 packs rather than 16.
Overall one of the better recent trips, but the energy and look of the people is troubling. I can see the dynamic difference in slight body language of the masked interacting with non masked.

At this point if you know you need some stuff or were putting it off until next time, I think now feels like the time to get it.
 
S

summerthyme

Administrator
_______________
annieosage said:
I wanted to make beef stroganoff this weekend. Used to be you could buy pre-cut stew meat for cheap. Nope- and I am not spending $12- $15 to make one dish for myself. I have a few steaks in the freezer. I wonder if I could just cut one up and use it instead?
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Sure! Don't use the *good* steaks for this, but chuck steaks or flank steaks work well. There will be a lot of trim...your doggie will love it raw!
(You *can* use "good" cuts for stew, but its a waste of money!)

Summerthyme
 
W

WalknTrot

Veteran Member
Grocery store this morning was quiet. (N. MN) They do a nice job of keeping necessities stocked. Baking aisle was adequate. Didn't check the canned goods because I was mostly interested in some household cleaning items, frozen and fresh vegetables. The meat is well stocked, but not a lot on special, and beef is high.

Also did Fleet Farm for dog food and Menards for some plywood and nails. As far as customers go, nobody but a few odd stragglers are buying into the mask baloney anymore. I saw a couple of store employees wearing them, but none of the checkout people. I don't think folks are going back. The stores don't seem to be interested in forcing the issue, either.
 
SusieSunshine

SusieSunshine

Veteran Member
I made it to HEB this morning. Life is more complicated with DD and family still living with us. She has bought a house, her pods arrive next week.
Several areas had empty shelves. Others had store named goods spread out. The shortages were in toilet paper, Gatorade, canned meats and beans. Beef, chicken, pork and seafood were plentiful, but expensive. I was able to get sale items for the pantry.
The store was busy, not many wore masks.
 
twobarkingdogs

twobarkingdogs

Veteran Member
Boneless pork loins are on sale this week here in n.ga save-a-lot for $2.69lb. I guess the days of them being on sale for $1.49 every other week and $1.99 regular price are long gone. I still have several in the freezer I was saving for chops but I was hoping to buy one and have the butchers at save-a-lot grind it for me to mix 50/50 with beef to make italian meatballs this weekend. I need to get with the neighbors and set up a hog trap over in young harris to build up the ground pork/sausage supplies.

tbd
 
packyderms_wife

packyderms_wife

Neither here nor there.
annieosage said:
I wanted to make beef stroganoff this weekend. Used to be you could buy pre-cut stew meat for cheap. Nope- and I am not spending $12- $15 to make one dish for myself. I have a few steaks in the freezer. I wonder if I could just cut one up and use it instead?
Click to expand...

I buy chuck roasts, large ones, bring them home and break them down into smaller pieces for things like stews, fajitas, etc.
 
psychgirl

psychgirl

Has No Life - Lives on TB
annieosage said:
I wanted to make beef stroganoff this weekend. Used to be you could buy pre-cut stew meat for cheap. Nope- and I am not spending $12- $15 to make one dish for myself. I have a few steaks in the freezer. I wonder if I could just cut one up and use it instead?
Click to expand...
Chuck is also my favorite for roasts and soups.
But it’s gotten to be so expensive I could cry.
All our Kroger has that’s even partially affordable are those tough rump roasts, etc.

So I just do them really slow, in a 265 d oven. That makes them tolerable. :(
 
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