Bidenflation Watch: Campbell’s Tomato Soup Prices Keep Escalating

Zubu Brothers ^ | 5-24-2022 | Via Political Calculations blog

[blam]

More grocery stores have increased their prices to consumers for an iconic No. 1 size can of Campbell’s Condensed Tomato Soup. Here’s how prices have changed since our previous snapshot of prices at ten of the U.S.’s largest grocery-selling retailers roughly two months ago.

◾Walmart: $1.17/each, unchanged

◾Amazon: $0.99/each, unchanged (Lowest)

◾Kroger: $1.25/each, unchanged

◾Walgreens: $1.50/each, unchanged when you buy 2 cans

◾Target: $1.29/each, increase of $0.10 (+8.4%)

◾CVS: $2.19/each, increase of $0.40 (+22.3%, Highest)

◾Albertsons: $1.59/each, increase of $0.59 (+59.0%)

◾Food Lion: $1.19/each, increase of $0.19 (+19.0%)

◾H-E-B: $1.21/each, unchanged

◾Meijer: $1.19/each, increase of $0.19 (+19.0%)

Among these sellers, only Amazon continues to sell a can of Campbell’s condensed tomato soup for under $1.00. The next lowest price available to consumers is Walmart’s $1.17 per can.

Since Amazon sells many fewer cans of tomato soup than all these other grocery-selling retailers, that means most tomato soup-buying American households are now typically paying far more than $1.00 for each can of Campbell’s tomato soup they buy. So much so that the trailing twelve month average of a can of Campbell’s Condensed Tomato Soup has jumped to reach a new record high of $1.04 per can. The following chart presents the entire price history of a No. 1-size can of Campbell’s Condensed Tomato Soup we’ve assembled to mark the occasion:

President Biden’s Inflation

Unlike many other products, the iconic No. 1 can of Campbell’s Condensed Tomato Soup cannot easily hide the effects of inflation by shrinking while keeping the same price. Its trailing twelve month average price now exceeds $1.00 per can, as discounted sale prices below that level have nearly all but disappeared following large price hikes in January and February 2022.

We anticipate the trailing twelve month average for Campbell’s Tomato Soup will reach nearly $1.20 per can by the end of 2022. How long do you suppose Amazon might continue selling the product at what is now a deeply discounted sale price of $0.99?

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For the latest in our coverage of Campbell’s Tomato Soup prices, follow this link!

[Hot Tabasco]

Wait till the end of summer when the harvested produce start hitting our supermarket shelves...........

[Sirius Lee]

At DAVOS today, George Soros said we have to immediately defeat Putin, then on to China. So buckle up your belts and do your part!

Been calling it for years. The globalists love cheap chinese slave labor the chinese model of top down control but would eventually come to see them as too much of a threat to their zeal to rrrule ze verrrld and would turn on a dime to push the narrative that they are the enemy.

The just couldn't let Trump be the one to point out the obvious.

If the russians or chicoms had any brains they'd nuke Davos today and end at least that part of the coming nightmare.

[peggybac]

I make my own tomato soup:
8oz can tomato sauce
whole whipping cream
sugar or artificial sugar

Pour tomato sauce into mug or sauce pan. Fill can with 1/2 cream and 1/2 water. Mix well with tomato sauce. Add sugar to taste (takes bitterness away), heat and serve.

I’m hooked on this - I add croutons or cheese crisps on top.

[metmom]

Mine are too, but not quite as tall.

But we’re in a colder growing zone so I didn’t get them out as early.

[Extremely Extreme Extremist]

Just use half a can of water instead of a full can.

[daniel1212]

I was skeptical that Amazon was cheaper than Walmart on such a common food product (since it is usually higher for such), and indeed it is not, for contrary to the zububrothers page the 10.75 oz. can is $1.39 at Amazon (and the cheapest price for Condensed Tomato Soup at that size) but still $1.17 at Walmart but Great Value Tomato Condensed Soup, 10.75 oz is $0.58. Thank God.

[daniel1212]

"I’ll gladly pay $1.25 for a can of Campbell’s tomato soup, but I can’t find it. A can of Progresso soup costs nearly $3.50."

Try online?

[JonPreston]

Not yet. I’d like to see the expiration date before I buy it but I assume it’s ok.

[Jeff Chandler]

With a grilled cheese sourdough sandwich!

[reformedliberal]

I make my own tomato soup:
__________________________

Same, only I mix 1/2 & 1/2 with 2% or evaporated milk (DH prefers it thinner), serve topped with a Tbls of sour cream & french fried onions. Croutons do work well, if other toppings are lacking.

[peggybac]

I love sour cream in the soup as well! Also, cream cheese.

[Rannug]

IIRC many years ago you could buy ten cans of Campbells for a dollar.

[reformedliberal]

Do you use whipped cream cheese? Or melt it in the pan? Seems it would be too dense to melt in the cup.

Sounds good, though.

[peggybac]

I warm up everything half way then taste to see if I have to add more sweetener. I then add a tablespoon or so of cream cheese and heat the soup until hot. I’ll stir and most of the cream cheese will mostly melt. So good! And...low carb!