Food prices to rise in 2010.
Page 1 of 2 12 LastLast
Results 1 to 15 of 24
  1. #1
    Registered User
    Join Date
    Dec 2008
    Location
    Kansas (USA)
    Posts
    1,430
    Post Thanks / WTG / Hug
    Rep Power
    31

    Default Food prices to rise in 2010.

    I recently did a little research on what food prices are expected to be for 2010. In an article from November, USDA forecast a 3-4 percent increase. A Bloomberg report said food prices may jump as much as 6 percent in 2010. So if you are on a fixed food budget like me, you will have to work a little harder in food purchasing and preparation to get your money's worth and still maintain a well-balanced diet.

    I will be lowering my food budget by 25% in 2010. Like many others, hubby had 2 major pay-cuts this year, and there will be more money taken out of the pay when they remove the Bush tax cuts in Janurary. So food is just one budget item getting cut at our house in 2010.

    Oil prices affect food prices and oil is not just rising, but leaping up, in the last 2 weeks, which generally means an increase in food costs due to higher production costs of fuel.

    The reports indicated a "protein inflation", which means meat prices will rise, so it might be a good time to find some of those low-costing vegetarian recipes to incorporate into your menus, as well as using more low-meat recipes, like stir-fry. I try to keep to $2/pound or less for meat, or no more than $10/week for meat purchases (for 2 adults).

    We have meatless Friday and our house, and often one other meatless day to cut the amount of high-priced meat used. Use smaller portions of meat in addition to meat substitutes so you still have a serving of protein, it's just divided between meat and non-meat protein foods (i.e. Tuscan Rosemary Chicken and White Beans). I make "fake meat" with vital wheat gluten and combine ground gluten with ground beef or bulk sausage to complete the amount of protein, but cut the cost considerably. I realize this low-cost meat substitute isn't for everyone, but as an example:

    -4 cups raw gluten bakes into 9 cups ground gluten
    -9 cups ground gluten is equivalent to 3-pounds hamburger (cooked)
    -There are 288 grams protein in 3-pounds of hamburger and 286 grams of protein in the equivalent of "fake meat" made from vital wheat gluten.

    Dairy is supposed to rise as much as 20 percent. Watch those servings sizes and number of servings your family uses. Don't forget to count the serving of milk your children get at school. Quench thirst with water, not milk. I just purchased a year's worth of Morning Moo's (a whey-based milk substitute that tastes like regular milk when reconstituted) to avoid rising milk prices.

    Forewarned is forearmed.... Stockpiling may end up being a big blessing for 2010.

  2. #2
    Registered User scooby8themall's Avatar
    Join Date
    Mar 2009
    Location
    In the big city!!!
    Posts
    650
    Post Thanks / WTG / Hug
    Rep Power
    7

    Default

    I have read several articles on this it will become a challenge for every one I'm sure .I noticed the other day at the grocery store that 4 chicken legs were 5.49 I remember getting those 2 summers ago for .99 or cheaper.Hamburg is some times 1.39 -to 1.69 a pound not sure where this all headed will need to be extra penny wise in this area.
    We are cancer free but dealing with lung issues
    (Life is fragile handle with prayer)

  3. #3
    Registered User
    Join Date
    Aug 2007
    Location
    U.S.
    Posts
    3,479
    Post Thanks / WTG / Hug
    Blog Entries
    56
    Rep Power
    27

    Default

    I do some tracking thru various USDA reports of retail prices by month. JANUARY is a big riser. (They have to pay for all those cheap food prices they gave you for the holidays!)

    Because of this, where I would almost certainly never stand in line at a big box store on Black Friday, we're off to go grocery bargain hunting this a.m.!

    Judi
    Last edited by Judi Dial; 12-26-2009 at 08:57 AM. Reason: typo

  4. #4
    Registered User NikoSan999's Avatar
    Join Date
    May 2009
    Location
    Florida
    Posts
    7,504
    Post Thanks / WTG / Hug
    Blog Entries
    1
    Rep Power
    47

    Default

    Thanks for the info. All the more reason to keep stockpiling.
    Bank of America is THE godfather of Hell with Wells Fargo running neck and neck. When the world ends the only things that will be left are cockroaches, Walmart, Wells Fargo and Bank of America. Not necessarily in that order. The order remains to be seen.

    Challenges
    Coupon Sales Challenge/July
    $198.62

    Coupons for Year / $745.54

    July/ Grocery
    $154.95 /Goal $250.00 Total

    Groceries for Year minus Jan & Feb
    $504.98

    Eat Out No More July
    Goal 20
    Accomp/18


    No Spend Challenge
    Goal 10
    Accomp/14

    Change Jar 2014
    $

    Christmas Fund 2014
    $

    Emergency/Sinking
    $100

  5. #5
    Registered User
    Join Date
    Aug 2007
    Posts
    1,492
    Post Thanks / WTG / Hug
    Rep Power
    12

    Default

    Thank you for the info. I will have to become a little more creative in keeping to my grocery budget.
    Steph


    FY 2014
    7/25 books read this year
    10/20 no spend days for April

  6. #6
    Registered User
    Join Date
    Oct 2007
    Posts
    4,525
    Post Thanks / WTG / Hug
    Rep Power
    0

    Default

    UUGGGHH!!! Not what I wanted to hear, but needed to hear. Will be keeping an eye out for more bargains. Glad I have the stockpile already started. Will be thinking of better ways to make vegetarian meals. One thing fun to do, find new recipes!

  7. #7
    Registered User Natalie's Avatar
    Join Date
    Jun 2008
    Location
    Idaho
    Posts
    382
    Post Thanks / WTG / Hug
    Rep Power
    8

    Default

    Pretty soon, we'll just have to stop eating. That'll make 'em lower the prices on food! Hah!

  8. #8
    Registered User tervsforme's Avatar
    Join Date
    Dec 2005
    Location
    Ann Arbor, Michigan
    Posts
    2,896
    Post Thanks / WTG / Hug
    Rep Power
    27

    Default

    Thanks for the information! I need to get a better handle on my food budget.

  9. #9
    Registered User sunshine's Avatar
    Join Date
    Feb 2002
    Location
    central midwest
    Age
    53
    Posts
    7,813
    Post Thanks / WTG / Hug
    Blog Entries
    56
    Rep Power
    34

    Default

    So glad we grow/produce most of our own foods. . . . too bad we're a wheat free household, or I'd be asking for recipes for the meat substitutes. . . I do make an oatmeal "burger" that's pretty good.

  10. #10
    Registered User
    Join Date
    Dec 2008
    Posts
    72
    Post Thanks / WTG / Hug
    Rep Power
    6

    Default

    Grainlady,

    Thanks very much for the "heads-up." I especially liked your remark that "forewarned is forearmed."

    I will keep your research in mind when I grocery shop later today!

  11. #11
    Registered User hotprincesscm's Avatar
    Join Date
    Mar 2009
    Location
    NY
    Posts
    1,455
    Post Thanks / WTG / Hug
    Blog Entries
    3
    Rep Power
    12

    Default

    Grainlady you are always so well informed! Thanks for sharing that with us! I will definitely be on the look out for the best deals I can get!

  12. #12
    Registered User pollypurebred39's Avatar
    Join Date
    May 2008
    Location
    SE Pennsylvania
    Posts
    7,747
    Post Thanks / WTG / Hug
    Rep Power
    81

    Default

    Well this is not good news considering my food budget will be shrinking in 2010, combine that with a rise in food prices and what's a girl to do? Goodness!

    Thanks for the information, I will be very aware as I head out food shopping this week.

  13. #13
    Registered User savvy_sniper's Avatar
    Join Date
    Apr 2009
    Location
    Houston Texas
    Age
    59
    Posts
    2,400
    Post Thanks / WTG / Hug
    Rep Power
    19

    Default

    All the $$ we received for Christmas will go to growing our stockpile EVEN larger. I plan on hitting the grocery stores hard between now and the end of the year. I will be buying up all the bargains I can find, charging on my Discover card to get 5% cashback, and then going online and paying the bill in full immediately.

    I don't ever find much at Save-A-Lot, but I have a $5 off $20 or more for Save-A-Lot. I will couple that with the 5% cashback from Discover.

    Thanks so much to grainlady for the heads up on the savings from Honeyville grain. I bought a bunch of stuff from there to add to my stockpile. I just opened a can of wheat gluten this morning.

    Since my stockpile is in such good shape (in spite of eating from it and not adding to it for the last 4 weeks or so), I will be able to pick and choose when I shop for groceries in 2010. We are going meatless one day a week and if it goes over well, we are going to move to 2 days a week. I will use as many coupons as possible, buy loss leaders, and items on sale. And there is the grocery salvage store also.

    We will be installing a new central A/C and additional attic insulation in a couple of months. That will knock a BIG chunk off of our electricity bill in the summer months.

    I locked into a low electricity rate several months ago for a period of 4 or 5 years (I can't remember which). It is almost 2 cents per kwh lower than the old rate. Between that, the more efficient A/C and additional insulation in the attic we should save over a thousand dollars this summer alone.
    House - Start $127,944 Balance $105,032

  14. #14
    Registered User dcompton's Avatar
    Join Date
    Feb 2006
    Location
    Louisiana
    Posts
    4,771
    Post Thanks / WTG / Hug
    Blog Entries
    12
    Rep Power
    30

    Default

    I'm glad to know about the dairy increase. Better crowbar a little more cheese into the freezer. I rarely use milk, so that's no problem, but I feel for families who do.
    Donna

  15. #15
    Registered User
    Join Date
    Apr 2008
    Posts
    633
    Post Thanks / WTG / Hug
    Rep Power
    13

    Default

    Thanks for the warning! I need to get moving on my stockpile. We don't use much milk but we eat alot of cheese and yogurts. I have three deer in the freezer and can probably get another one on Monday. That helps ALOT but I need to be watching for sales on hamburger and chicken for sure!

Page 1 of 2 12 LastLast

Similar Threads

  1. Pasta Prices to rise
    By brennasmom in forum Frugal Living
    Replies: 17
    Last Post: 09-14-2011, 07:35 AM
  2. Prices on the rise despite all we do
    By Nana2two in forum General Chat
    Replies: 142
    Last Post: 01-24-2011, 08:36 AM
  3. Food Prices to Rise?
    By brennasmom in forum Frugal Living
    Replies: 19
    Last Post: 03-09-2009, 04:01 PM
  4. Gas Prices On the Rise
    By Hollyhandi in forum General Chat
    Replies: 24
    Last Post: 04-02-2007, 01:50 AM
  5. Just What We Need...Food Prices On The Rise!
    By SusieJD in forum General Chat
    Replies: 3
    Last Post: 04-24-2004, 03:33 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •