Ugggg more food price hikes

**molly** · 07-23-2008, 11:59 AM

This is getting to be toooo much. Below are a few snippets from an article at Financial Times. This is really going to price me right out of eating some things... like cheese if it goes up 25% as referred to in the article.

http://www.ft.com/cms/s/0/c245dc2c-5...nclick_check=1

US food groups plan hefty price rises
By Elizabeth Rigby in London and Hal Weitzman in Chicago

Published: July 20 2008 17:15 | Last updated: July 20 2008 17:15

US food companies are preparing another round of hefty price increases as soaring commodity costs force them to pass on rises to consumers.

Sara Lee, maker of meat products such as Jimmy Dean sausages, said costs would compel it to push up prices on meat lines by up to a fifth later this year.

“Price increases vary a lot by type of products but the increases will be as low as zero and some products we will decrease on and other increases [will be] in excess of 20 per cent.” Kraft Foods, Kellogg’s, ConAgra and Tyson are also pushing through increases, which are expected to contribute to inflationary pressures in the US.

snip

Kraft Foods, which has said it will push up its prices by 12-13 per cent this year, said some of its cheese categories could rise 25 per cent.

snip ( full article at link)

**Budgetmom** · 07-23-2008, 04:02 PM

Aaargh!! Cheese has been climbing for months here.

My dollar store toothpaste (Aim) just got downsized from around 8 oz to around 6oz. So did tuna (from 6 to 5 oz). They still charge the same price or more for it, but I now get less.

**Mom23boys** · 07-23-2008, 04:06 PM

Originally Posted by Budgetmom

Aaargh!! Cheese has been climbing for months here.

Same here!! I am so tired of the increasing food prices, but it looks like it is going to be a continuous trend. :pullhair:

**JanieD** · 07-23-2008, 04:56 PM

Ohhhh, I love cheese... for that matter, I like to eat. Wonder if some items we buy on a regular basics now will become luxuries in the near future?

**scottVee** · 07-23-2008, 11:09 PM

Cheese has been absurdly expensive for a few years now. But the annoying thing is when the package sizes shrink to make us think the prices are the same. On the plus side, we've been eating smarter (and less) recently, I'm losing weight and all my blood work just came back even more normal than last time ...

**Missourimom** · 07-23-2008, 11:41 PM

Originally Posted by scottVee

Cheese has been absurdly expensive for a few years now. But the annoying thing is when the package sizes shrink to make us think the prices are the same. On the plus side, we've been eating smarter (and less) recently, I'm losing weight and all my blood work just came back even more normal than last time ...

See, there is always a bright side. Congratulations on losing weight!

**suzysaver** · 07-24-2008, 01:20 AM

That's a positive twist on all this. Maybe all have to give up that cheese.

Already have given up steak, boxed cereal (eat bulk oatmeal), a wide variety of fruits and veggies

seems I can only bring myself to buy lettuce and bananas lately. I took my hubby with me the last trip and he hasn't gone with me for months...He was in shock

**MomToTwoBoys** · 07-24-2008, 01:23 AM

Prices here have been going up over the last year and they will continue to do so, and we're not even in a recession! The US economy has sent the Canadian economy into a higher inflation rate and it's driving me nuts. Inflation is up to 3.1%, gas has gone up 26% over the last year, and prices on everything except clothing and shoes has experienced a price increase. This is all due in part to two things: the price of gas and the world economy.

**cheles2kids** · 07-24-2008, 10:13 AM

As the old saying goes, "It's only going to get worse, before it get's better!"
But for the most part, everyone here has been expecting it.
I mean I don't ever see things going back down after they've risen and are continuing to rise, so we either learn to shop differently, or to eat differently, and in my case, both.

But if cheese prices go up that much, we'll be having cheeseless sandwiches around here, I can tell ya' that much.

Thanks for sharing the article, Molly.

**molly** · 07-24-2008, 10:34 AM

Originally Posted by suzysaver

That's a positive twist on all this. Maybe all have to give up that cheese.

I took my hubby with me the last trip and he hasn't gone with me for months...He was in shock

Hubby rarely goes shopping and when he does he never looks at prices. We were at Sam's a few weeks ago and he wanted a cheesecake and proceeded to put one in the buggy. Now I rarely if ever say anything about the price so we just kept on going and he had put something in the buggy that I knew he had been wanting and then he decided to put it back. I couldn't take it and said you mean you won't pay $10 for that but you will pay $16.97 for a cheesecake! The look on his face was priceless! He whipped the buggy around and started back to the cheesecake isle all the while saying very loudly " There's no way I gonna pay $16 bucks for a cheesecake. I don't believe it. That's ridiculous. Are you sure that's how much it was That's ridiculous." We raised quite a few eyebrows because we were near the checkouts! I laughed because he thought he was paying $6+ some change for the cheesecake. Yeah right if we time travel back to the 70's...LOL!

**redhead68** · 07-24-2008, 11:09 AM

Prices are up in my area, too. I've seen my weekly grocery bill rise from about $120 to about $175. So far, we're coping with the increase, and I haven't yet changed much that goes into our cart, but I can see it coming soon. Even my husband has noticed the upward tick, and he's usually oblivious to grocery prices.

**IntlMom** · 07-24-2008, 11:12 AM

no end in sight..................
*sigh*

**rachelMcK** · 07-24-2008, 01:03 PM

Cheese here is absolutley nuts. So is flour. Its up 44%. It definetly makes it difficult to shop.

**freyadog** · 07-24-2008, 01:36 PM

Don't remember where I read this, it was online somewhere that prices will continue for the next 4 years to rise.

I considered just eat from our stockpile but then reality set in. knew if I was to do that when I did have to go back to the store I would drop dead from shock. so gonna buy a little at a time to keep my mind in the game.

**thriftyboo** · 07-27-2008, 03:49 PM

Yes, my DH is also oblivious to food costs. For a midnight snack a couple of weeks ago he ate 4 scrambled eggs. I freaked out the next day. He said, "What's the big deal? Eggs are like 69¢ a dozen." I replied, "Yeah, in 1972! Those were $1.98 a dozen!". Now, he's been complaining I don't send him any cheese for his sandwiches. (After a year and a half of packing his lunch and dinner six days a week, I now only pack his dinner. At the beginning of the week he gets a loaf of bread, one or two kinds of lunchmeat and condiments. He keeps jelly and peanut butter at work, too.) I told him cheese has jumped in the last few months from $1.58 to $1.67 to $1.98 to $2.68! That means cheese is now $5.36 a pound. He decided he could live without cheese.