Guest Post by a California Consultant: Misty
"Are you seeing this too?"
She then listed some food prices she'd noticed lately:
- Cereal: Sale Price: $3.50!?!
- Tomatoes: Outrageous! (and none available at Wendys)
FOOD PRICES ARE ON THE RISE!
In fact, according to the Labor Department, food prices made their biggest jump in 36 years! Yes, that is right: Thirty-Six Years! Food prices rose 3.9% last month! The last time they rose that much in 1 month was November of 1974. That is a huge increase for a 1 month period of time.
What is causing this rise in prices?
- Drought in China: The world's largest wheat producer
- Floods in Australia: Devastated most of their wheat crop
- Crops Freeze in Mexico: Produce prices expected to rise 50%-90% in the US for at least a few months.
- Droughts in Russia: They've Banned Grain Exports
- Earthquake and Tsunami in Japan: They consume A LOT of rice, and MANY rice fields were destroyed. They will likely have to import a lot more of it now.
The number one recommendation I've made to people for years (especially since I started tracking prices) is to STOCK UP NOW! Prices are going up, so the more food you can buy at today's prices, the better. While you should not go into debt to stock up, you should buy as large a supply as you can reasonably afford. Consider it "food insurance." Doing this will allow to ride out the extreme increases like the one last month: you can simply live on your stockpile until prices moderate a bit.
While stockpiling is relatively easy to do on items that are shelf stable (canned goods, flour, sugar, salt, condiments, crackers and other snack foods etc), it is nearly impossible to do for three very important categories of food:
- Fresh produce
- Fruits: Apples, Apricots, Bananas, Blackberries, Blueberries, Mandarin Oranges, Mangoes, Peaches, Pears, Pineapple, Raspberries, Strawberries!
- Vegetables: Broccoli, Carrots, Cauliflower, Celery, Corn, Green Beans, Mushrooms, Onions, Peas, Red and Green Peppers, Potatoes, Spinach, Sweet Potatoes, Tomato Powder
- Beef (Ground and Roast Beef)
Most of these products have a 10-25 year sealed shelf life and a 1-2 year opened shelf life! That is truly amazing. Imagine, something with a 25 year shelf life that tastes as great as the fresh product! That is the type of food insurance I want for my family.
So, I repeat:
STOCK UP NOW! Prices are going up, so the more food you can buy at today's prices, the better. While you should not go into debt to stock up, you should buy as large a supply as you can reasonably afford.
To get you started, here are few products you can buy at Shelf Reliance that are currently less expensive than they are at the grocery store:
- Shortening Powder: Here is a moist banana bread recipe that uses it
- Whole Egg Powder: Here is a chewy chocolate chip cookie recipe that uses it
- Butter Powder (less expensive than real butter, not margarine): here is a great roll recipe and a great raspberry honey butter recipe that uses it.
- Freeze Dried Celery, Onions, and Dehydrated Carrots: Here is a hearty stew recipe that uses them.
- Tomato Powder: Easily make your own tomato paste, sauce or juice!
And just for fun, here are a few grocery deals you can stock up on this weekend:
Kroger (Ralphs, Smiths):
- General Mills Chex, 10-17 oz $1.99
- Use $0.75/1 printable coupon (just click on the link and you can print the coupon. You may have to install a "coupon printer." It is safe)
- Final price $1.24
- Ronzoni Garden Delight Pasta $0.99
- Use $1 off 2 printable coupon
- Final price $0.49
- Soft Scrub Bathroom Cleaner: $1.99
- Use $0.75 off one printable coupon
- Final Price: $1.24
- Balance Bar Singles: $1
- Use $1 off 3 printable coupon
- Final Price: $0.66 each when you buy 3.
> Shelf Reliance Independent Consultant