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View Full Version : Hidden Inflation In Supermarket Prices




Patriotxi
02-24-2011, 06:05 AM
http://www.youtube.com/watch?v=enAlxWHfcbg

Patriotxi
02-24-2011, 06:55 AM
I have noticed the products are getting smaller while staying the same price

Patriotxi
02-24-2011, 11:03 AM
A lot of air in that bag of chips!

jdmyprez_deo_vindice
02-24-2011, 11:08 AM
I have noticed the products are getting smaller while staying the same price

I have noticed the serving size getting smaller with the price still going up. We will be growing extra food on the ole homestead this year and will be buying a lot more from the local roadside stands operated by farmers in the area. I would encourage everyone to do the same.

iamse7en
02-24-2011, 11:39 AM
The information is great and important, but the narrative and tone is silly. Businesses need to maintain their margins. They will skim wherever they can to lighten the impact of inflation. Yes, the companies are trying to hide the skimming, of course, but the real blame lies in the banking cartel - not in businesses trying to maintain their margins.

Krugerrand
02-24-2011, 11:58 AM
In some ways this is just a natural phenomena. Companies do this until another company steps up and offers the "bigger" size for the same price ... then sizes recalibrate back up.

moostraks
02-24-2011, 12:16 PM
In some ways this is just a natural phenomena. Companies do this until another company steps up and offers the "bigger" size for the same price ... then sizes recalibrate back up.

So a consumer response in retaliation could be to buy less processed foods. They seem to be going up faster than staples such as flour and sugar from my personal experience.

Krugerrand
02-24-2011, 12:30 PM
So a consumer response in retaliation could be to buy less processed foods. They seem to be going up faster than staples such as flour and sugar from my personal experience.

This is true and can be expected. If one were to consider processing as a "value add" to the product ... inflation would in most cases hit the "value add" faster and harder than it would hit the raw materials. The more that people rely on raw materials over "value adds" the less they will be impacted by higher prices.

sevin
02-24-2011, 04:05 PM
I have noticed the products are getting smaller while staying the same price

I've noticed a lot of that lately. We should be happy food is still relatively cheap, especially if you're willing to buy basic ingredients. Stock up while you can.

Teaser Rate
02-24-2011, 04:13 PM
The information is great and important, but the narrative and tone is silly. Businesses need to maintain their margins. They will skim wherever they can to lighten the impact of inflation. Yes, the companies are trying to hide the skimming, of course, but the real blame lies in the banking cartel - not in businesses trying to maintain their margins.

Wait, you mean it wasn't the fault of the natural disasters which caused a significant drop in worldwide food production ?

HOLLYWOOD
02-24-2011, 04:32 PM
KELLOGG'S ANNOUNCES FOOD PRICE INCREASE
http://www.foodproductdesign.com/news/2011/02/kellogg-co-announces-price-increases.aspx
NEW YORK—Nasdaq.com reported that, in response to increased commodity costs, Kellogg Co. (http://www.kelloggcompany.com/) plans to increase its cereal and snack prices this year. The increases, expected to be between 3 and 4 percent, are higher than the 2 to 3 percentage-point increases the company anticipated. In a fourth-quarter earnings conference call, Chief Executive John Bryant said the price increases will come from a “combination of raising retail prices, curtailing discounts and introducing new items at higher prices," according to Nasdaq.com.

Farmer Bros. Co. Announces Price Increase
http://news.tradingcharts.com/futures/7/5/153881757.html
TORRANCE, Calif., Feb 23, 2011 (GlobeNewswire via COMTEX) -- Farmer Bros. Co. (Nasdaq:FARM) announced today that it plans to raise the list price for all of its coffee, cappuccino and cocoa (http://futures.tradingcharts.com/chart/CC/M) products and selected spice products effective March 14, 2011. Prices will increase a minimum of 15% on roast & ground coffee (http://futures.tradingcharts.com/chart/CF/M) products, a minimum of 4% on liquid coffee (http://futures.tradingcharts.com/chart/CF/M) products and a minimum of 5% on cappuccino, cocoa (http://futures.tradingcharts.com/chart/CC/M) and selected spice products.
"The continued surge in green coffee (http://futures.tradingcharts.com/chart/CF/M) costs in the world market which increased approximately 100% over the last year and increases in the cost of cocoa, sugar (http://futures.tradingcharts.com/chart/SU/M) and spice commodities have necessitated this price increase," said Roger Laverty III, the Company's President and Chief Executive Officer.
About Farmer Bros. Co.
Farmer Bros. Co. is a manufacturer, wholesaler and distributor of coffee, tea and culinary products through direct and brokered sales to institutional food service establishments including restaurants, hotels, casinos, hospitals and food service providers, as well as retailers such as convenience stores, coffee (http://futures.tradingcharts.com/chart/CF/M) houses, general merchandisers, private label retailers and grocery stores throughout the contiguous United States. Its product line includes roasted coffee, liquid coffee, coffee (http://futures.tradingcharts.com/chart/CF/M) related products such as coffee (http://futures.tradingcharts.com/chart/CF/M) filters, sugar (http://futures.tradingcharts.com/chart/SU/M) and creamers, assorted teas, cappuccino, cocoa, spices, gelatins and puddings, soup, gravy and sauce mixes, pancake and biscuit mixes, and jellies and preserves. For more information, go to: www.farmerbros.com (http://www.farmerbros.com).
The Farmer Brothers Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8738

jct74
02-27-2011, 12:23 AM
http://www.youtube.com/watch?v=enAlxWHfcbg


Cool. I've never seen any mainstream discussion before of the fact that the CPI is rigged.