Food prices again
 

I have a buddy that owns several restaurants that JUST told me he is being told of a 40% spike in grocery prices coming. If you dont have overpriced meat in the freezer today it may be time to get some before it's really crazy.
I'm going to listen to him, he has multiple x what I will ever have in the bank

Good to know. Thanks for the warning. Time to start hoarding. Lol😆

Ken is this across the board or primarily meat and fresh produce?

Hoarding....exactly what drives the price up!

I'm hoarding Rum and beer, oh and some gin because nothing says summer like a tall ice cold gin and tonic with a slice of lime. Just in case there is a run on the liquor store.

No really😀. I wasn’t serious. Only thing I buy lots of is the pepper bacon at Sobeys. Good stuff but hard to get

Crazy how the economy can tank costing us more one way or the other and food prices go up and up. Double whammy.

Okay....sorry about that.
And you’re right.... that pepper bacon is addictive!!

Tell me more about this peppered bacon 🤤

did your buddy give any specific reason for this ? Is it just the result of the whole world going to crap ?

We dont have a sobeys up here but the local butcher makes the peppered bacon and yeah , its pretty good . Not sure why but just peppering the heck out of regular bacon is just not the same .

So you’re the guy I’m competing with. 😄. It is great bacon. I think you should maybe cut back on your consumption for a bit. I’ll take up the slack.

He said food. I would assume everything

Talking to him today, he is in rough shape with all employees standing at hot grills paying rent for empty restaurants. He said the bad news just keeps on coming. I believe this man.

Free walleyes in sylvan this summer. Gobble gobble.😉

Buddy sees different market signals than I do. Packing plants North America wide; Pork, chicken, beef, re-opening with staff back to work.

Fruit & vegetable farmers Canada & US able to source farm workers.

Large supply of cattle, hogs, broilers, milk & dairy products.

Fuel supply large & cheap for transport.

Wholesalers & retailers have taught consumers how much to pay today, so I don't see much decrease unless the recession is deeper than predicted.

Any increase, much less 40%, seems a stretch today.

Gotta wonder, who's harvesting all those fruits and vegetables we usually get from California, Florida and Mexico ? It's gotta be done, or else. That's going to drive prices up.

Grizz

If you can find a better bacon than this for a toasted bacon and tomato sandwich please tell me where :sHa_shakeshout:

https://uploads.tapatalk-cdn.com/202...8c6938129a.jpg


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Maybe time to go direct to the farm ...

I was the person that had the thread up about grocery prices going up 40% already because I have a set list of items for my Elderly Mom That is usually $100 but this last time was up to $140. So,,, I believe it.

Meat
 

Beef prices, at Lethbridge Costco were ridiculous yesterday.

Last week at Costco A whole eye of round is about $87. @ 18$/kg. I usually get these for 30-40$ To make beef jerky

oh?

Wisest advice on the thread.

Eat less and drink more. Save money.And prevent scurvy with the lime.:sHa_shakeshout:

co op has some great prices on pork this coming week.

Just received 2 skids of european imports, price is still the same as it was 6 months ago, date of production february and march. There will be increase but no one is sure what it actually will be, so far suppliers are being fair.

Why have people who buy extra when sales are on or prices are lower now labeled hoarders?

Lots of things can contribute to increase in food prices. Fuel prices, carbon taxes, forced increase in employee wages, a hot shot CEO trying to increase profit, disruptions in supply (even at a feed, fertilizer or seed level) ect.

I was raised to always have extra of everything on hand because that’s how my parents were raised. (I also hate making trips to town).

Do we also consider people who try to buy stocks right before the prices go up ,hoarders?

I ranch and can tell you that NONE of the price increase is trickling down to the ranch

In fact the cattle prices have gone down


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I bought a primal cut of rib eye steak a month ago 54$. yesterday looked. eye of round 176$. I bought some expensive pork sausage, left the beef. called my cousin. whole market ready beef 2.50 + .80 for cut and wrap. only problem all their local butcher shops full. pick up mid August. No I won't give their name out.