Anybody notice that the price of basic commodities are
 

RISING?!!!

Within just the last month, the price of a gallon of milk -
(doesn't matter whether 2%, skim or whole, although at one time it did)
has gone from $1.89 to now being $2.39!!!

Day old bread store (Aunt Millie's) & you could pick up a

variety of various whole wheat loaves for .89¢; now 5 for $5.00.

What's been happening, that you've noticed, in your neck of the woods?:whistlin:

Inflation. It's caused by extra money being put into circulation by the FED.:coffee:

Sugar is down compared to last year.

Maybe I should stock up on flour and cornmeal.

Milk here has been $2.69 for quite a while.

Prices are down here. But that always seems to happen in the Autumn. It happens a lot here. I think it's a physchological game 'they' play with us. Makes us freak out a little so we buy more before the snow flys. Come January we won't be shopping hardly at all because tomatoes will be 4.99 lb and a head of lettuce will be 3.99 and we'll say "stuff it"!
:shrug:It's kinda normal in this area.
Buy your Christmas turkey now folks! :)

But edcopp...guv says there isn't any inflation.../sarc off

Matt

Milks been in the $3.00 range for over a year around here.

Milk is around $4.15...was a week ago, been between 3.59 and 4.15 for over a year...gos up, down and up again.....just like or gas prices

It seems like everytime I go to the store I pay more and more for milk. Having two growing kids means we go through about 3 gallons a week. That's close to $15 a week on milk!

Yes..I have noticed this too..I seasonal stock baking goods,canned goods every year or every other year depending how much I stocked the year before this year I noticed that everything is up.. Stinks!

Oh prices are going up in general here. I bought the 8 pack of sliced peaches a short while back, and noticed this last week it had gone up a dollar for the pack. I about had a cow. Well, wish I had, I'd can that up!

Now, on the other hand, the seasonal stuff is ok, and right now I can get 50 cent cans of veggies, 60 cent cans of chicken broth at wmart. This was the same as last year. I bought enough last year to last til now so that is helpful!

Yes, Sir, to the tune of 85 Billion fake dollars a month. So some can pretend the Econ. is doing just "fine". I just got in from shopping at my Mennonite Bulk store- you betya I notice the cost of goods.

I am seeing normal fluctuations as in past recessions/depressions that have occurred during the last 35 to 40 years.

Regardless of our personal finances, suppliers of a region or metro economic microcosm base their pricings on a combination of the average money available and what they think they can get from the widest market with only a bit of squealing not rioting or death rattles.

If our commodity markets didn't function as they do we would all be multimillionaires at least and have nobody to claim of being the bad guy. :)

$2.39 for ba gallon of milk! I wish we could buy milk so cheap here! All milk here is from $7.00 to $8.00 or more for four liters. 4 liters is 160oz compared to the 128 oz gallon in the USA. . Still our milk is very expensive even if is 32oz more in volume.
Butter here averages $5.00 a pound. Bread on sale is $2.00 a loaf on sale for the cheaper brands and as much as $3.99 a loaf for heartier bread loaves.

This is one reason why we raise goats, chickens and eat from the garden. I can't have the fat in goat's milk so buy skim milk but my husband drinks goat's milk. I need a liter a day which is 36oz. 30 days at a $1.15 per liter is averaging $ 34.50 a month for milk just for me! Everything is very expensive here and the line up at Food Banks keeps getting longer.

YES! Also basic ingredients to cook from scratch,,,spices, flour, sugar, etc....I told friends last year to prepare and they thought I was nuts--even though we raise our own meat and had a big garden, the food budget just keeps getting tighter and tighter due to things you need to cook with or can't produce...

They have lied before. too.:coffee:

I'd like to pay $2.39 for a gallon of milk. I pay $2.79 every other week for it on sale. Not on sale, it's $3.79. I haven't noticed other prices rising here, but it happens so often now that I don't pay attention like I used to.

Prices up, packages smaller, milk is $3.85, gas is $3.35 sugar, 4 pounds on sale is $2.00 (store brand, bug brand is $2.49 for 4# ), lunchmeat and cheese...thru the roof.
But the economy is really picking up, right?

Matt

our milk is over 3 dollars a gallon here and our bread is 4 for 5 bucks on sale- when not on sale it is 1.89- and that is for the store brand italian bread..
everything is going up-
I know which stores in our area carry what items cheap and stock up when they go on sale..we buy our meat from people who grow it and sell it- we just got half a pig and are picking up the uncured stuff tonight
we get everything else like flour sugar ect staples- from Sam's or the Amish bulk store

Do you have an ALDI store nearby?
 

Duplicate posting

Do you have an ALDI store nearby?
 

+ + + + + +
If so, give them a try for basic staples;
they're hard to beat and can stretch the food dollar.


There's MY contribution AngieM2, to a positive portion of this thread!

Our milk price hasn't changed, we buy a premium brand from a local dairy and been paying over $3 for a half gallon in glass jugs for 2 or 3 years. www.shattomilk.com We don't use a whole lot of milk so this little luxury is in the budget.

Have noticed more shrinking packages as opposed to actual price increases at the store.

Glad to see the price of gas go down, even though the opposite was predicted by the "experts" awhile back. I think it is low demand, an sign that the economy isn't doing very well.

Walmart--Kenai Ak---Milk $5.29 a gallon for whole milk.
Fm--------Soldotna Ak Milk $3.49
Carrs/safeway Soldotna Alaska $3.49

Bread--cheap 22 oz is on sale for 2 for 3 now normal is 2.19

Orrowheat is 4.99 a loaf

Sugar --24.99 for 25 pounds is now 14.99

Buy low and make due---get extra when you can on lost leaders that are basic or storable. If you live a long shipping distance--remember heavy items will increase with the next fuel jump--

vinger varies from 4.99 to 6.29 for white distilled or apple cider store brand. It is heavy--so I buy just after canning season at the first sale and get 4 gallons for cleaning and cooking. then. I have to get the first sale as others also buying have prevented this form being left over for the "Major price reduction end of season) sale.

In hopes of a better garden--I want fruit--I am seeking out canning jar sales.

If they are up the producers don't seem to be reaping the benefit. Corn prices are down over 35% from last year. Soybeans down 16%. Rice down 22%. Wheat down 9-15%. Beef down 1.9%. Sugar down 7%. Coffee down 25%. Tea down 39%. Pork is up 10% over last year and lamb producers are happier with prices up 26%. Gas prices are down significantly which generally means more money in people's pockets at the end of the week.

Started to buy a case of Campbells mushroom soup at Sam's the other day, but noticed the cans are now 10.75 ounces. Not the deal it looked like.

With that exception, it's not the packaging getting smaller but the contents being less. It doesn't stop with food either. 5 gallon pails of paint at Home Depot contain 4.76 gallons.

Now that China announced yesterday that they will no longer increase their reserves of dollars and US debt instruments, we are going to see this trend spike upward. As they purge their banks of dollars and allow their short term treasuries to mature, we are going to see major MAJOR shockwaves hit our economy as much of our printed up money comes back to us like a tsunami. I posted the announcement on S&P but I dont think too many realize the magnitude of this event.

As China stops buying our debt, the fed will be forced to step in and increase QE ( money printing) in order to continue purchasing the bonds. Other nations will follow China and the effect will be enormous. The problem is that if China and the other nations are no longer collecting reserves of US dollars the money printing will result in instant inflation. Of course massive inflation will cause economic disaster here at home and they will be pressured to stop printing, which means they will not be able to pay our obligations and a default is inevitable. It's a catch 22. To avoid default they must print but to print destroys the economy.

Of course many here have been wise to this situation for a long time, but I really think that its all very close to toppling. I think we have a few years at best. Here's what I see coming down the pike very soon;

1. A false flag event to kick off a war ( they tried it with the chemical attacks in Syria it failed so now they will bring it home to us to gain support for another war)

2. Tougher gun laws ( they dont want angry citizens with guns)

3. Increased QE followed by high inflation, followed by an end to QE, followed by default.

4. Banking collapses with Cyprus style "bail ins" ( the Dodd Frank act sets the stage for this )

5. Gold to be pushed down over the short term, with an explosion in value later.

Only one way to solve that, higher inflation. Really.

http://search.yahoo.com/search?fr=ch...dice+Inflation

twobottom, do you think there's any chance there is an acceleration starting to happen, along with an increasing rate of change the longer the acceleration continues?

I've been watching prices for a very long time. I've not seen this amount of increase in such a short amount of time, as I've seen this year. Especially since around April.

Northern CA here... $3.79 milk was $3.29 2 months ago. 1 lb pinto beans $1.49 and was $1.29. Bread $3.99 name brand was $3.49. Just got chickens no eggs yet but.. Doz eggs $2.39 was $2.19. Last yr tomatoes sale was $.89 lb this yr $1.39 lb. butter $4.79 lb was $3.89 lb last yr.

Buy your baking items now during holiday sales. Get turkey, ham now too. Meat summer BBQ sales. Canned goods anytime they are under a dollar. Rice beans etc sales or when I have an extra couple bucks during the weekly shopping. Stock up for when you can't pay the price...

Yes, I think that the acceleration is exponential. The higher it goes, the faster it accelerates and vice versa.

This announcement from China is very big news, as they divest themselves of US dollars, other countries ( in competition with China ) will also reduce their holdings of dollars. These dollars will come back to us as a wave of inflation. The stage is set, we'll have to see how it rolls out.

According to the Farm Bureau the cost of a Thanksgiving dinner for 10 people is down 44 cents from last year.

Now Ed.....they don't lie.....they 'massage' the numbers.

Steak goes up, they substitute hamburger or chicken in the CPI.....whatever it takes to keep a happy face on things.

There's a news item out recently that shows how desperate things are getting.

"Fed’s comment that it would consider lowering the Interest on Excess Reserves to zero as a means to offset the implied tightening that would result from the reduction in the monthly flow once QE entered its terminal phase (for however briefly before the plunge in the S&P led to the Untaper). After all, the Fed’s policy book goes, if IOER is raised to tighten conditions, easing it to zero, or negative, should offset “tightening financial conditions”, right? Wrong. As the FT reports leading US banks have warned the Fed that should it lower IOER, they would be forced to start charging depositors."

well, my wife does the grocery shopping so I don't see prices on everything, but I am tasked a few times a week to stop and get milk for our toddler on the way home from work. It was $2.88/gal at 7-11, which was fairly cheap for a convenience store I admit, about 1 year ago. It is now $4.50 and goes up 5-10 cents at least every month it seems. It was just $4.00 a few months ago.

I recently read something about this new proposal for "negative interest rates". Outrageous. It will be interesting to see the public reaction to this, though I suspect most will just go along and pay the banks to use their money.

That is a pretty good reason to not put too much in the bank.

Matt

there's a proposal to use a chained CPI. If you can substitute something cheaper for the original item, then there's no inflation because you could have bought something else.

In other words, it's worse than you think.