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16-01-2012, 13:19
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#1
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Boating writer, book author
Join Date: Jul 2010
Location: On the Go
Boat: Various
Posts: 752
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U.S. Food inflation
Just a note to those who have been outside the U.S. for a while and long for U.S. food prices as you remember them. Food inflation was 15% last year and expected to increase this year. I believe actual increases even higher but government fudges in its recordkeeping. I shop every other week and suffer sticker shock, so those who haven't shopped here for a while are in for nasty surprises.
__________________
Janet Groene
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16-01-2012, 13:27
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#2
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Sponsoring Vendor
Join Date: Oct 2007
Location: Hollywood, Fl.
Boat: FP Athena 38' Poerava
Posts: 3,984
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Re: U.S. Food inflation
I asked my local store manager a while back why the increases? He said that fuel charges account for most of it. Funny, the truckers are complaining about not getting any costs increases for the fuel they have to buy. A Victory garden is looking better all the time.
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16-01-2012, 13:31
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#3
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Senior Cruiser
Join Date: Mar 2010
Location: gettin naughty on the beach in cornwall
Boat: 63 custom alloy sloop,macwester26,prout snowgoose 37 elite catamaran!
Posts: 10,594
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Re: U.S. Food inflation
looking on the brighter side inflated food prices may actually have an effect on obeasity rates in the country!
studies of the roman empire found that the slaves had the best teeth
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16-01-2012, 15:59
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#4
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Moderator Emeritus
Join Date: May 2007
Location: Ohio
Boat: Now boatless :-(
Posts: 11,580
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Quote:
Originally Posted by atoll
looking on the brighter side inflated food prices may actually have an effect on obeasity rates in the country!
studies of the roman empire found that the slaves had the best teeth
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Unfortunately sugar, fats and carbs are the cheaper option than fresh fruits, veggies and meats. And so the obesity cycle continues.
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16-01-2012, 16:15
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#5
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Senior Cruiser
Join Date: Mar 2010
Location: gettin naughty on the beach in cornwall
Boat: 63 custom alloy sloop,macwester26,prout snowgoose 37 elite catamaran!
Posts: 10,594
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Re: U.S. Food inflation
Quote:
Originally Posted by Ex-Calif
Unfortunately sugar, fats and carbs are the cheaper option than fresh fruits, veggies and meats. And so the obesity cycle continues.
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as tellie says a lot of it is the cost of fuel,so as a result,donut eaters may have to walk to the mall for their sugar fix!
resulting in a vast quality of life improvement for you average couch potato.......
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16-01-2012, 16:23
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#6
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Registered User
Join Date: Mar 2006
Location: Winnipeg
Boat: None at this time
Posts: 8,462
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Re: U.S. Food inflation
It just shocks me when I carry over $50. in groceries home in my back pack.
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17-01-2012, 03:59
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#7
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Registered User
Join Date: Aug 2011
Posts: 803
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Re: U.S. Food inflation
Was there any food prices inflation in the previous years? Maybe they're catching up to a 5- or 10-year average?
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17-01-2012, 04:27
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#8
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Registered User
Join Date: Apr 2008
Location: Brooklin, Maine U.S.A
Boat: Allures 44
Posts: 734
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Re: U.S. Food inflation
A few inter-related possibilities, all driven by #1:
1. Developing World Demand
2. Fuel costs
3. Fertilizer Costs
4. Ethanol subsidies (over 50% of U.S. corn crop goes into ethanol)
5. Farmland Prices and Rents (soaring around the world)
6. Equipment costs (ie, global demand for tractors and so forth)
And maybe these, too:
6. Homeland Security scaring away migrant workers?
7. Packaging?
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17-01-2012, 06:56
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#9
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Registered User
Join Date: Dec 2011
Location: Santa Barbara CA
Boat: Catalina 36 Mk I
Posts: 73
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Re: U.S. Food inflation
Quote:
Originally Posted by cfarrar
A few inter-related possibilities, all driven by #1:
1. Developing World Demand
2. Fuel costs
3. Fertilizer Costs
4. Ethanol subsidies (over 50% of U.S. corn crop goes into ethanol)
5. Farmland Prices and Rents (soaring around the world)
6. Equipment costs (ie, global demand for tractors and so forth)
And maybe these, too:
6. Homeland Security scaring away migrant workers?
7. Packaging?
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And legal fees/settlement funds for the bacterial food-poisoning outbreaks that occur regularly on Monaco -sized "farms" . . .
__________________
___________________
1984 Catalina 36 Mk I
Santa Barbara, Calif.
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17-01-2012, 07:52
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#10
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Registered User
Join Date: May 2008
Location: Nova Scotia until Spring 2021
Boat: Custom 41' Steel Pilothouse Cutter
Posts: 4,976
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Re: U.S. Food inflation
Because the Canadian and U.S. dollars are currently close to par and have been for some time, I can look at U.S. grocery prices without much distortion. A lot of manufactured goods (appliances, gadgets, some clothing) are still cheaper in an absolute sense in the States, but I think our food is cheaper here, except for some protected sectors like dairy.
As the unemployment rate is higher in the States and the wages are generally lower, I would imagine it is more expensive in an absolute sense to put decent food on the table in the States at the moment.
I do not count man-sized sacks of corn chips for $19.99 from "Sam's Club" as "decent food". America still has the edge in giant portions of corn-based things, even if the company that makes Twinkies has filed for bankruptcy.
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17-01-2012, 08:23
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#11
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Registered User
Join Date: May 2009
Location: Punta De Mita
Boat: Vagabond 39 Hull # 1
Posts: 1,842
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Re: U.S. Food inflation
You'll notice that the foods that are traded on the commodities exchanges or those that mainly contain ingredients that are traded have the most inflated prices. For instance, boneless skinless chicken breasts are still $1.99 a pound but hamburger has gone from $.89 a pound for the cheap stuff to $2.99 a pound for the cheap stuff in the last 5 years. Beef is speculated on and chicken isn't.
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