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05-26-2020, 03:23 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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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
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought..... 
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05-26-2020, 03:29 PM
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Join Date: Mar 2020
Location: Leduc County
Posts: 1,079
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Quote:
Originally Posted by Ken07AOVette
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
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Good to know. Thanks for the warning. Time to start hoarding. Lol😆
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The secret of getting ahead is getting started.Mark Twain 
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05-26-2020, 03:30 PM
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Join Date: Jan 2018
Location: West Central Alberta/Costa Rica
Posts: 1,114
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Quote:
Originally Posted by Ken07AOVette
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
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Ken is this across the board or primarily meat and fresh produce?
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05-26-2020, 03:44 PM
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Banned
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Join Date: Sep 2013
Posts: 3,939
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Quote:
Originally Posted by Jigsalot
Good to know. Thanks for the warning. Time to start hoarding. Lol😆
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Hoarding....exactly what drives the price up!
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05-26-2020, 03:48 PM
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Join Date: Jun 2014
Location: Canmore
Posts: 2,106
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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.
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Woke up with a pulse, best day ever
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05-26-2020, 04:27 PM
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Join Date: Mar 2020
Location: Leduc County
Posts: 1,079
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Quote:
Originally Posted by bobtodrick
Hoarding....exactly what drives the price up!
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No really😀. I wasn’t serious. Only thing I buy lots of is the pepper bacon at Sobeys. Good stuff but hard to get
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The secret of getting ahead is getting started.Mark Twain
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05-26-2020, 04:38 PM
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Join Date: Mar 2009
Location: Edmonton
Posts: 9,678
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Crazy how the economy can tank costing us more one way or the other and food prices go up and up. Double whammy.
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05-26-2020, 05:13 PM
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Banned
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Join Date: Sep 2013
Posts: 3,939
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Quote:
Originally Posted by Jigsalot
No really😀. I wasn’t serious. Only thing I buy lots of is the pepper bacon at Sobeys. Good stuff but hard to get
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Okay....sorry about that.
And you’re right.... that pepper bacon is addictive!!
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05-26-2020, 05:20 PM
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Join Date: Nov 2007
Location: Lethbridge
Posts: 1,811
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Tell me more about this peppered bacon 🤤
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05-26-2020, 05:34 PM
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Join Date: Feb 2010
Location: ft assiniboine area
Posts: 1,392
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did your buddy give any specific reason for this ? Is it just the result of the whole world going to crap ?
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05-26-2020, 05:37 PM
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Join Date: Feb 2010
Location: ft assiniboine area
Posts: 1,392
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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 .
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05-26-2020, 05:56 PM
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Join Date: Mar 2020
Location: Leduc County
Posts: 1,079
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Quote:
Originally Posted by bobtodrick
Okay....sorry about that.
And you’re right.... that pepper bacon is addictive!!
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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.
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The secret of getting ahead is getting started.Mark Twain
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05-26-2020, 06:30 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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Quote:
Originally Posted by Jim Blake
Ken is this across the board or primarily meat and fresh produce?
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He said food. I would assume everything
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought.....
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05-26-2020, 06:31 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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Quote:
Originally Posted by liar
did your buddy give any specific reason for this ? Is it just the result of the whole world going to crap ?
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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.
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought.....
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05-26-2020, 06:38 PM
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Join Date: Apr 2010
Posts: 1,615
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Free walleyes in sylvan this summer. Gobble gobble.😉
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05-26-2020, 08:08 PM
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Moderator
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Join Date: Aug 2012
Location: Strathmore
Posts: 5,627
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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.
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If you're not a Liberal when you're young, you have no heart. If you're not a Conservative when you're old, you have no brain. Winston Churchill
You can, you should, & if you're brave enough to start, you will. Stephen King
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05-26-2020, 08:10 PM
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Join Date: May 2007
Location: Central Alberta
Posts: 21,399
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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
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"Indeed, no human being has yet lived under conditions which, considering the prevailing climates of the past, can be regarded as normal."
John E. Pfeiffer The Emergence of Man
written in 1969
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05-26-2020, 08:13 PM
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Join Date: Apr 2015
Location: Lloydminster
Posts: 4,529
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Quote:
Originally Posted by bobtodrick
Okay....sorry about that.
And you’re right.... that pepper bacon is addictive!!
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If you can find a better bacon than this for a toasted bacon and tomato sandwich please tell me where 
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The problem we have today is that the people who work for a living are outnumbered by the people who vote for a living.
We were all born ignorant but one must work very hard to remain that way.
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05-26-2020, 08:38 PM
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Join Date: Sep 2014
Location: McBride/Prince George
Posts: 14,585
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Sent from my iPhone using Tapatalk
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05-26-2020, 08:46 PM
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Join Date: May 2010
Location: edmonton
Posts: 3,853
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Maybe time to go direct to the farm ...
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05-26-2020, 09:23 PM
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Join Date: Jun 2007
Location: Edmonton SW
Posts: 1,565
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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.
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05-26-2020, 09:34 PM
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Join Date: Feb 2008
Location: Crowsnest Pass
Posts: 2,391
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Meat
Beef prices, at Lethbridge Costco were ridiculous yesterday.
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05-26-2020, 10:38 PM
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Join Date: May 2010
Location: edmonton
Posts: 3,853
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Quote:
Originally Posted by spurly
Beef prices, at Lethbridge Costco were ridiculous yesterday.
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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
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05-26-2020, 11:46 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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Quote:
Originally Posted by roper1
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.
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oh?
Quote:
Originally Posted by Talking moose
Sent from my iPhone using Tapatalk
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Quote:
Originally Posted by Austin
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.
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Quote:
Originally Posted by spurly
Beef prices, at Lethbridge Costco were ridiculous yesterday.
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Quote:
Originally Posted by fishtank
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
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__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought.....
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05-27-2020, 07:07 AM
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Join Date: Dec 2009
Posts: 8,497
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Quote:
Originally Posted by The Cook
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.
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Wisest advice on the thread.
Eat less and drink more. Save money.And prevent scurvy with the lime.
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You're only as good as your last haircut
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05-27-2020, 07:57 AM
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Join Date: Nov 2008
Posts: 11,383
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co op has some great prices on pork this coming week.
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“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
Thomas Sowell
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05-27-2020, 08:14 AM
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Banned
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Join Date: Nov 2008
Posts: 821
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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.
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05-27-2020, 08:17 AM
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Join Date: Mar 2008
Posts: 2,073
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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?
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05-27-2020, 08:20 AM
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Join Date: Oct 2009
Posts: 467
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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
Sent from my iPhone using Tapatalk
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05-27-2020, 08:33 AM
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Join Date: Dec 2008
Posts: 240
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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.
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