70°

Topics

Droughts and Heat Waves
What price perishables? Why beef, bacon, even shrimp, are costing more
What price perishables? Why beef, bacon, even shrimp, are costing more

It's not just your imagination: You are spending more money at the grocery store these days as the price of limes, shrimp, hamburgers and bacon skyrockets. Prices are rising, and not just with those foods that have been affected by Mexican drug cartels or been hamstrung by epidemics of pig diarrhea. Even when adjusted for inflation, the price of flour has gone up 50% in the last decade, bacon is up 41% and beef is up 30%. Just about the only things that have stayed the same, when adjusted for inflation: malt beverages, which went down in price, and chips, which grew about 3% in price. "We had a period of stable, predictable retail food prices from 1990-2006, when food...

Loading