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Food Prices

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Old 04-29-2008, 10:57 AM   #1
BleedBurgundy
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Re: Food Prices

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Originally Posted by TheMalcolmConnection View Post
Matty, that drives me in-f-ing-sane... It's not just a penny or two, or some kind of fluctuation, it's like 4-5 cents up a day...
It's like some kind of absurd slot machine. Numbers keep on spinnin'...
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Old 04-29-2008, 10:45 AM   #2
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Re: Food Prices

It's a number of things with food prices, these are the main ones:

- As mentioned, gas. Shipping costs, and energy expenses required to process foods, are up.

- The fuel industry is buying up more corn for ethanol. So corn prices especially have gone up. Corn is also used to feed livestock, so that higher cost gets passed on to the prices of just about every kind of meat, poultry, and dairy you can think of.

- Global demand. The economic development in China and India has led to growth in the number of citizens wealthy enough to eat meats, which further increases the demand for corn/feed.
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Old 04-29-2008, 11:00 AM   #3
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Re: Food Prices

What kind of bread are you buying?

I can get a loaf of regular white bread for $0.89 but I usually spring for the Italian for $1.59.

Just bought some last night too.


However, some foods I do notice an increase and I KNOW it's a combination of gas prices (because treehuggers aren't letting us use our own oil + taxes) and now demand for foods, expecially corn and grains, are up because a lot of the supply is being used to try to develop ethanol that is much less efficient than gasoline. It's not something we should pursue because it's less economical than gas and also disrupts the world food supply unnecessarily. It's causing some huge shortages in some Asian nations right now.

Until the hammer is put down on politicians who cater to the leftist "green" organizations who would rather starve the world than harm a tree and until gas taxes are controlled, we'll continue to see expensive fuel. We need to use our own reserves that could last generations while we research a TRUE alternative solution, not a bandaid like ethanol or electric cars. We need to build more refineries so we can cut down on imported oil and also more nuclear plants need built.
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Old 04-29-2008, 12:15 PM   #4
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Re: Food Prices

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What kind of bread are you buying?

I can get a loaf of regular white bread for $0.89 but I usually spring for the Italian for $1.59.

Just bought some last night too.
I like Oroweat Oatnut bread. I'm finding myself going to costco these days though to compensate and buy in bulk.
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Old 04-29-2008, 11:03 AM   #5
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Re: Food Prices

All good points brought up. Something I've really tried to focus much more on is not wasting food. I think I heard on the news a couple of weeks back that the average household wastes 25% (and over $600/year) of the food in their refrigerator/pantry.

I'm not talking about you had a big meal, and can't finish that last spoonful. I'm talking about people buying a bunch of food and never even opening it before they buy more of the same. I try to buy only what I need and only wait until the absolute last minute to buy more.
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Old 04-29-2008, 11:39 AM   #6
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Re: Food Prices

Buster, we may not share many common view points, but we share the the italian loafs are the best!

Smootsmack -- 25% seems insane to me. Sometimes I have to throw food out, but very rarely. Normally it's one piece of fruit that ends up not quite getting eaten on time, or the very end of something I made far too much of. Wow, that's a huge number.
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Old 04-29-2008, 12:19 PM   #7
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Re: Food Prices

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Originally Posted by Daseal View Post
Buster, we may not share many common view points, but we share the the italian loafs are the best!

Smootsmack -- 25% seems insane to me. Sometimes I have to throw food out, but very rarely. Normally it's one piece of fruit that ends up not quite getting eaten on time, or the very end of something I made far too much of. Wow, that's a huge number.
I guess it's actually 14%

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Old 04-29-2008, 12:28 PM   #8
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Re: Food Prices

Firstdown, think a lot has to do with Chavez and his disgust for USA.
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Old 04-29-2008, 12:42 PM   #9
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Re: Food Prices

What about the government subsidizing farmers not to farm? Or disposal of surplus wheat in the sea?
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