Food Costs on the Rise

Cheez-It

Cheez-It (Photo credit: Wikipedia)

Post Recession and Food Costs Rising at Alarming Rates:

Each year, when the USDA gives the food cost increase analysis of the past year along with their projections for the current year, the GroceryGame.com queries samplings from our databases. A reality check if you will. Last year, the Grocery Game presented some data, and made some predictions contrary to the USDA’s projections.

You can read them here on Feb. 28, 2011 or on March 7, 2011 or April 30, 2011

“Retail-food costs rose 3.7 percent in 2011, the USDA said… ” -Bloomberg

•    At AZ Safeway, the orig price of 25 oz Star Olive Oil increased 9.09% from Nov 2011- Jan 2012.

•    At CA Vons, the orig price of 18 ct Lucerne Large Eggs jumped 24.31% July-Sept 2011. Prices have fluctuated between 3.89 and 4.19 since then.

•    AZ Fry’s (Kroger) the orig price of a dozen Fry’s AA Large Eggs increased 15.07% Aug-Oct 2011 but have remained steady since then.

•    At AZ Fry’s (Kroger) the orig price of a gallon of Fry’s milk jumped for the first time in 2 years from 3.49 to 3.79 in Dec 2011 (8.59% increase)

“In the new year, we saw prices jumping all over the country.” according to the TheGroceryGame.com

•    NorthEast Shoprite- Pompeian EVO Oil jumped $3 (5.99-8.99) Nov 2011-Jan. 2012 – That’s a 50% increase!

•    MI Meijer- V8 Splash has risen .10 (from 2.09 to 2.19) since Jan. 2012 (4.78% increase)

•    MI Meijer- Red Baron Pizza jumped .50 (from 6.49 to 6.99) from Dec-Feb. 2012 ( 6.16% increase)

•    MO HyVee- orig price of Boca Meatless foods rose .30 (3.99 to 4.29) Dec 2011-March 2012 (7.51% increase)

•    NorthEast Wegmans- orgi price of Cheez-Its rose .20 (2.79 to 2.99) Dec. 2011-Jan. 2012 (7.16% increase)

•    NorthEast Shoprite- orig price of Planters Peanuts rose .40 (3.59-3.99). (11.14% increase)

“Food prices rose faster in February than in any month since November of 1974, according to the federal government. That 3.9 percent increase is the biggest in 36 years.”  –WCNC.com

•    MI Mejer- orig price of Sargento Shredded Cheese has jumped .70 (from 2.79 to 3.49) end of Jan 2012 That’s a 25.08% increase!

•    MO HyVee- orig price of store brand butter jumped .60 (from 2.98 to 3.58) since Feb. Increase of 20.13%!

•    At CA Vons, the orig price of 25 oz Star Olive Oil Feb-March 2012 (4.35% increase)

•    NC Food Lion/Bloom- orig price of Breyers Ice Cream rose .50 (6.49 to 6.99) Feb-March 2012 (7.7% increase)

•    At MO HyVee- orig price of Orville Redenbachers Popcorn jumped .30 (from 2.98 to 3.28) Feb-March 2012 (10.06% increase)

•    MI Meijer- orig price of Kellogg’s Cereal has jumped.20 (from 3.19-3.39) since Jan-Feb 2012 (6.26% increase)

•    MI Mejer- orig price of Cheerios Cereal (14 oz) jumped .20 (from 2.99-3.19) from Jan-Feb 2012 (6.68% increase)
“It costs more to get the food to you, and the biggest increases are in vegetables, along with meat and dairy products.”  – WCNC.com

•    At AZ Fry’s (Kroger) the orig price of 16 oz Nathan’s Beef Franks increased 4.62% Jan-March 2012.

•    NC Food Lion/Bloom- orig price of Grape Tomatoes went up .40 (2.99-3.39) Feb-March. Increase of 13.37%.
“Chicken and ground beef prices stayed the same (in February 2012).” – WCNC.com

•    HyVee – Orig per lb price of Boneless skinless chicken breast has remained the same at 4.28/lb since Nov 2010.

•    At CO Albies the orig per lb price of 93% Lean Ground Beef has remained constant at 3.99 lb since Dec 2011. “US retail beef prices at record highs in 2011, often 10 percent higher than in 2010” –Beef Central

•    At CA Vons, the orig price of Fresh 93% Lean Ground Beef increased 16.69% March-April 2011, but has stayed steady since then.

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