US Consumers brace for fast rising food prices - Page 3
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  1. #31
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    I treat this like a game and I'm going to beat them!!!! I stock up on loss leaders every week. This week Walgreens where I live has all kinds of supplies for baking if anyone is interested

    Domino sugar 4# 1.89 Lt 3
    Carnation Evaporated Milk .99
    Canned pumpkin ,99
    Nestles choc chips 1.79
    Bakers coconut 1.79
    Borden condensed milk 1.79
    50 cents ea
    Baking soda
    Corn starch 6.5 oz
    Baking powder 4 oz
    1.99 ea
    criso shortening sticks
    karo syrup 16 oz
    butter
    Gold medal flour 5# 1.50
    Spicess 2/$1
    Blue bonnet margarine 3/$2

  2. #32
    Registered User Nana2two's Avatar
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    Quote Originally Posted by craftypam View Post
    I treat this like a game and I'm going to beat them!!!! I stock up on loss leaders every week. This week Walgreens where I live has all kinds of supplies for baking if anyone is interested

    Domino sugar 4# 1.89 Lt 3
    Carnation Evaporated Milk .99
    Canned pumpkin ,99
    Nestles choc chips 1.79
    Bakers coconut 1.79
    Borden condensed milk 1.79
    50 cents ea
    Baking soda
    Corn starch 6.5 oz
    Baking powder 4 oz
    1.99 ea
    criso shortening sticks
    karo syrup 16 oz
    butter
    Gold medal flour 5# 1.50
    Spicess 2/$1
    Blue bonnet margarine 3/$2
    I always shopped at walgreens for great deals. But then again i worked there. I always bought the raisens,prunes,pinapples.

  3. #33
    Moderator ladytoysdream's Avatar
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    My plan of action is going to be FIRST check my shelf inventory and freezer, and use what I currently have. I am going to check any recipes about a week before I need them to make sure I have the ingredients on hand. If not, I will have to look for a sale or best price. This would really pertain to holiday goodies, I don't make very often.

    Currently I have quite a bit of stuff for baking already.
    The part that bugs me to no end, is to be making a recipe that calls for example, a 16 oz can of pumpkin and the can now is 15 oz
    Plan is to use frozen pumpkin

    I recently priced molasses for a 12 oz jar. Thinking cookies.
    Price chopper was $ 3.29, Sav a Lot was $ 2.79 and Aldi's is $ 1.79. All 3 were different brands, btw.

  4. #34
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    Hmmmm....I never thought of Walgreen's for baking supplies. Thanks for the heads up!

  5. #35
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    Well I can tell that I will be going to Walgreens, CVS and Save-A-Lot this week.
    I was very disheartened while going through Publix yesterday.
    Hello from Sunny Central Florida
    Cheryl

    Gardening in zone 9B


    ~If the sight of the blue skies fills you with joy, if a blade of grass springing up in the fields has power to move you, if the simple things of nature have a message that you understand, rejoice, for your soul is alive. ~ Eleonora Duse

  6. #36
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    Found this interesting about turkey prices being the highest ever and 28 percent more then last yr. How about you all , did you get a good deal on turkey?



    Turkey Prices Hit Record Before Thanksgiving on Feed Costs
    By Elizabeth Campbell - Nov 11, 2010 11:00 PM CT



    Turkey Jumps to Record Before Thanksgiving


    Nov. 12 (Bloomberg) -- Bloomberg's Betty Liu reports on the latest breaking news and top stories in today's Business Briefs. (Source: Bloomberg)

    Americans will be paying more for their Thanksgiving turkeys this month after rising feed costs led to reduced output in the U.S.

    U.S. wholesale, frozen turkeys jumped to $1.09 a pound on average yesterday, the highest price ever and up 28 percent from a year earlier, according to Russell Whitman, the vice president of the poultry division at commodity researcher Urner Barry in Toms River, New Jersey.

    At the end of September, stockpiles of turkey meat slid 23 percent from a year earlier, government data show. Production will decline 1.3 percent this year to 5.514 billion pounds (2.5 million metric tons), the U.S. Department of Agriculture said on Nov. 9. Before today, the price of corn, which makes up about 70 percent of turkey feed, was up 47 percent in the past year.

    “The fundamental reason why you’re seeing record-high turkey prices is the fact we’re seeing record-high costs of raising turkeys,” said Tom Elam, president of FarmEcon LLC, an agriculture and food-industry consultant in Carmel, Indiana. “When both stocks are down and production is down, then you get a double hit on the amount available to be consumed.”

    Retailers in the U.S. sold whole frozen turkeys for an average of $1.57 a pound in September, up 7.7 percent from a year earlier and the highest level since at least 1980, the Labor Department said on Oct. 15.

    Higher Retail Price

    While those government statistics don’t capture the holiday discounting by grocers this month, retail prices probably will be up 20 percent from Thanksgiving last year, said FarmEcon’s Elam.

    The birds are traditionally the main course for meals on Thanksgiving, an annual holiday that Americans will celebrate on Nov. 25 this year. Stores usually cut prices to spur sales on accompanying items for the holiday dinner including cranberry sauce, green beans or stuffing mix, Elam said. Retail prices, even with specials, will be higher this year, he said.

    Last year, Wal-Mart Stores Inc., the world’s largest retailer, cut prices on turkeys, selling whole 12-pound (5.4 kilogram) turkeys for 40 cents a pound. That level of pricing probably won’t be around this year, Elam said.

    Bentonville, Arkansas-based Wal-Mart won’t disclose its turkey pricing until Nov. 17, Melissa Hill, a company spokeswoman, said in an e-mail.

    Some retailers probably are going to lose money because customers still expect discounts, Whitman said.

    “Retailers stand the very real possibility of losing more money than last year due to high wholesale prices,” Whitman said. “The consumer has really come to expect low-price turkeys even during the most popular time of year for it.”

    ‘Top Dollar’

    Most grocers secure their supply in February and March, and they had an incentive to do that this year because stockpiles were expected to be tight by November, Elam said. For those who didn’t buy early or need more now, they will be forced to pay “top dollar” to preserve customer loyalty by making sure there is enough turkey at Thanksgiving, Whitman said.

    “They’ll be enough to go around,” said Kelly Zering, associate professor and extension specialist in the department of agricultural and resource economics at North Carolina State University in Raleigh. “It might be that if you wait until the last minute, you might have fewer to choose from than you had last year.”

    Per capita consumption will be 16.2 pounds this year, the lowest level since 1988, according to the USDA. That is down from 16.9 pounds in 2009. The main reason for the decline is lower turkey output, said David Harvey, a USDA agricultural economist in Washington. Record grain prices in 2008 led some producers to reduce their flocks, he said.

    Tighter Corn Supply

    The U.S. corn crop will be 1 percent smaller than forecast a month ago, the Department of Agriculture said on Nov. 9, after flooding in June and hot, dry weather in August lowered Midwest yields. Feed is about 25 percent of the retail cost of turkeys, Elam said.

    Turkey producers have seen their profits dwindle after the jump in feed costs, and some may lose money during a seasonal drop in demand in January, Elam said. Some may trim or abandon plans to expand, he said.
    *Angel*

    Dave R. Plan
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  7. #37
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    Just saw this too. Haven't gotten my turkey yet.... thinking I should probably get on it...
    Frugalista Mama to DD 14 & DS 10
    Crazy Boxer *Sadie*
    **Debt Free Minus the House**

  8. #38
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    Turkeys here are .96 CDN per pound. That's a pretty awesome price.

  9. #39
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    The turkeys at the commissary are either .69 a pound or .79 cents a pound, I forget exactly. I love the commissary. <3

  10. #40
    Moderator ladytoysdream's Avatar
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    I picked my turkey up, for just under $10. It was .68 a pound at Super Walmart and no minimum purchase required. Tops has turkeys at .39 a pound but you have to have a minimum $ 25 purchase in additon to the bird.

  11. #41
    Registered User imagine's Avatar
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    I though this lady had an interesting comment on her blog about rising food prices and the budget as well as ideas on how handle the increases.

    Tips for Frugal Eating: Rising Food Prices Won't Break Your Budget | BlogHer
    "Everyday as your walking down the street, everybody that you meet has an original point of view" -Arthur PBS

    Imagine - Wife of 20 years to Hubby
    Mom to Buddy (son 17) and Little Miss ( daughter 13)

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    Registered User HappyMama's Avatar
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    Quote Originally Posted by imagine View Post
    I though this lady had an interesting comment on her blog about rising food prices and the budget as well as ideas on how handle the increases.

    Tips for Frugal Eating: Rising Food Prices Won't Break Your Budget | BlogHer
    Thanks imagine for the article! Yes I agree buying whole grains, and bulk wholesome ingredients to make your meals will help your budget, keep you stocked up, and save you time and energy in the long run!
    *Angel*

    Dave R. Plan
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    Step four-Done
    Step five- Working on
    Step six- almost done
    Living debt free except the mortgage and working on that !!!

    Be content with what you have;
    Rejoice in the way things are,
    When you realise there is nothing lacking,
    the whole world belongs to you.

    -Lao Tzu

    Have Courage
    “Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising which tempt you to believe that your critics are right. To map out a course of action and follow it to an end requires…courage.” Ralph Waldo Emerson

    "I've learned that you shouldn't go through life with a catcher's mitt on both hands; you need to be able to throw some things back..." Maya Angelou

    "Choose a job you love and you will never work a day in your life." (Confucius 551-478 BC)

  13. #43
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    I got my turkey over the weekend for .27 per # with a $25 purchase at Ablies. For my $25 I bought 10 items that also netted me 2 free movie tickets plus $10 concession cash.

    What items is everyone seeing price increases on?

    So far I have noticed butter and sugar are higher.
    Frugalista Mama to DD 14 & DS 10
    Crazy Boxer *Sadie*
    **Debt Free Minus the House**

  14. #44
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    Quote Originally Posted by brennasmom View Post
    I got my turkey over the weekend for .27 per # with a $25 purchase at Ablies. For my $25 I bought 10 items that also netted me 2 free movie tickets plus $10 concession cash.

    What items is everyone seeing price increases on?

    So far I have noticed butter and sugar are higher.
    I buy large bulk amounts of whole grains , sugar, cocoa ( usually 25-50 pounds ), and my cost is 20% higher then about 6 months ago, and distributor said the increases haven't really shown up yet. Pasta is 20% more then last yr. at Kroger's and Meijers, etc. and my understanding is still going to rise.

    I don't buy bacon but many of my friends who do has said it has risen quite a bit in past few weeks. These are what I can think of off the top of my head right now.

    Remember right now they are having loss leaders on many things for thanksgiving and baking, so you might not see the rise until after Christmas. Just keep stocking the loss leaders and many things that will stock your pantries and make your meals, then you will not be as affected if you are prepared. Just a thought.

    You did fantastic on your turkey price , by the way. Great job!
    *Angel*

    Dave R. Plan
    Step one - Done
    Step two-Done
    Step three-Done
    Step four-Done
    Step five- Working on
    Step six- almost done
    Living debt free except the mortgage and working on that !!!

    Be content with what you have;
    Rejoice in the way things are,
    When you realise there is nothing lacking,
    the whole world belongs to you.

    -Lao Tzu

    Have Courage
    “Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising which tempt you to believe that your critics are right. To map out a course of action and follow it to an end requires…courage.” Ralph Waldo Emerson

    "I've learned that you shouldn't go through life with a catcher's mitt on both hands; you need to be able to throw some things back..." Maya Angelou

    "Choose a job you love and you will never work a day in your life." (Confucius 551-478 BC)

  15. #45
    Registered User Jeanna's Avatar
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    Our Bi-Lo has turkeys (Honeysuckle White) on sale through tomorrow at 49 cents a pound. I have got to get one later today. But as far as food prices, things are getting ridiculous. I noticed that most of the bread was ranging between $2.69 and $2.99 a loaf. I have made our bread and buns off and on for some time but now I am going to have to make it a priority.
    Jeanna


    Wife to Ken for 27 years
    DS 25
    DD 20




    Courage doesn't always roar. Sometimes courage is the quiet voice at the end of the day saying, "I'll try again tomorrow. --Mary Anne Radmacher

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