Posted on 11/13/2024 7:03:55 AM PST by dangus
I went to the grocery store yesterday and found roast beef for $6/lb. Two weeks ago, it was $16. Heck, when I started working in a deli in 1991, it was $8. Milk for $3.19/gallon? Sharp cheddar cheese for $3.78/pound? Cream cheese for $2.26/half pound? Butter for $2.98/pound? Chicken breast for $1.99?
I've been going to Aldi's lately, so I don't know exactly how to compare to before my days of shopping Safeway online since the grocery stores shut down for the pandemic, but these prices seem pre-pandemic to me. My sister reports that where she's from, so much of everything is on 2-for-1 sales.
Have other people noticed a sudden collapse of prices?
Not in California.
We are about to have our gas prices raised by another $.65/gallon - or more due to the governor’s “climate change” and “green energy” initiatives.
If anything, grocery prices will continue to rise as everything is brought in on trucks - against which the governor has also declared war.
Probably accountable to ALDI trying to introduce themselves in many markets, which they are although your ALDI isn’t apparently new.
I did just notice that gas is down 6¢ since last week. It’s not much, but it is a start.
Looks like we are recession.
///////
Well they do come and go. Some
more damaging than others. But
we have survived.
Remember when the ports had labor shortage issues during Covid causing bottleneck problems and all the freighters were anchored offshore and prices for supplies and building materials and such were going to go up due to high demand and limited supply?
But certainly, when all the issues were resolved, the prices would come back down, right?..... RIGHT??
Depending on where you live you might be able to buy local grass feed beef. Here in KY there are lots of options for that.
Uh, no.
How is it possible Campbell’s French Onion soup is almost $2.00 per can? It’s water and a quarter of an onion!
I’d bet half the cost is the CAN.
There are a few “sales” or even “permanent sales” on vastly overpriced non-essentials, but eggs are still through the roof. So is milk.
Restaurant prices are still going up.
Kroger used to set their own mark downs for this. Then the home office began running it from there. They do markdowns, but the computer at the home office sets the price.
Central planning. Works every time.
Only slightly, here and there. And Aldi keeps getting higher and higher.
Nope! Prices have somewhat stabilized. However, the inflation of the last four Biden years is still in the price.
Where does your sister live?j Really.
Pigs and chickens are very efficient at turning food into meat thus production costs are much lower.
I’m in central Indiana and I will look for it. I know some folks in the local area sell beef products. Thanks for the suggestion.
A big component of inflation is the cost of gasoline and diesel fuel. Just about everything you buy is shipped multiple times, from shipping of raw materials, commodities and components to the manufacturer, then products to manufacturer warehouses, to retail warehouses, to retail stores, and to the customers. Most of this shipping is via trucks using deisel, with most home deliveries via delivery vans using gasoline.
Rising fuel.prices wasn’t a bug of Bidenomics, it was a feature. You can’t force the masses to ride mass transit if they can afford any other option.
Yeah, but did they raise the price of Moon Pies to make up for it?;-)
Only a few items are marked down. Publix wants $15 for a standard size olive oil.
An infant pig can be sold at 4 months to be fattened up for slaughter. A cow takes MUCH longer. The same idea behind why some easy to grow and transport veggies are cheaper than fruits.
Not here in rural Missouri. Eggs have spiked again to $3, milk went up 50 cents a gallon this week, ground beef is averaging $5 a pound, etc. I’ve seen no prices “crash.” Everything continues to be much more expensive than 4 years ago.
No
Historically only commodity based goods in grocery stores like eggs in particular are likely to drop in response due to outside market established trading value
Will Publix lower prices if what they pay to wholesalers goes down as well as transport and utilities prices due to energy cost decline?
Maybe some but I doubt back to normal
And grocery inflation is a lot more than just 30% like old media claims
More like 100-200%
I’m kitchen shotcaller I know
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