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Started By
Message
re: Grocery inflation
Posted on 4/5/24 at 7:46 pm to WylieTiger
Posted on 4/5/24 at 7:46 pm to WylieTiger
quote:
Dude I buy produce and protein and my bill has skyrocketed since 2020. Same items.
Same here. I'm not a fan of variety so am buying the same basic stuff. No need to get out the calculator. What was around $130-140 in 2020 is now $200-230.
1
Posted on 4/5/24 at 7:58 pm to BuckyCheese
Don't know what kind of fricking bread they are buying but the bread I buy (Nature's Own) is $6.99
These numbers are fake bullshite inflation numbers - They are not reality. They took the absolute cheapest shite and added more cheap bullshite to it
It's almost like
Fruit Juice (Koo-Aid prices)
It's all bullshite
These numbers are fake bullshite inflation numbers - They are not reality. They took the absolute cheapest shite and added more cheap bullshite to it
It's almost like
Fruit Juice (Koo-Aid prices)
It's all bullshite
This post was edited on 4/5/24 at 8:00 pm
Posted on 4/5/24 at 7:59 pm to chili pup
What do you bring?
Exactly
Exactly
Posted on 4/5/24 at 8:00 pm to ronricks
You are one dumb motherfricker Ron
Posted on 4/5/24 at 8:12 pm to chili pup
I got a 12.5k raise 2 years ago. It feels like a 5k raise.....f'n dems!!!!!
Posted on 4/5/24 at 8:19 pm to ronricks
quote:
There is no added water in organic grass fed beef.
You’re a dolt.
Posted on 4/5/24 at 8:57 pm to chili pup
Look at average profit margins of the big food producers over the last 30-40 years and then look at the margins in 2022 and 2023. There’s some increased cost of operation but it isn’t in line with how much profit these companies have made. Something like 10-12% over 40 years to close to 50% in two. Covid gave them an excuse to raise prices regardless of their operating costs.
Posted on 4/5/24 at 9:07 pm to Walt OReilly
quote:
You are one dumb motherfricker Ron
Apparently not because I’m not the one whining and complaining about Doritos being $6 a bag or a #1 combo at McDonald’s being $15 because I don’t eat that shite. The dumb people are the ones buying those things.
Posted on 4/5/24 at 9:09 pm to jdaute2
quote:
Something like 10-12% over 40 years to close to 50% in two. Covid gave them an excuse to raise prices regardless of their operating costs.
50% profit margin?
Do you have a link?
Many are public companies. I'd figure that this would be more publicly known if true.
Posted on 4/5/24 at 9:30 pm to ronricks
Like I said you are one dumb motherfricker. I don’t eat that shite either
Posted on 4/5/24 at 9:32 pm to Walt OReilly
quote:
You are one dumb motherfricker Ron
I'm with Walt on this.
Posted on 4/5/24 at 9:36 pm to meansonny
Close to it. Look at the top 3 main producers of food sources and it’s staggering. I listened to a podcast about it earlier this week and they cited their statistics. I’d have to go back and listen for it to dig deeper into the numbers. There’s recorded conference calls if CEOs admitting to raising prices that outpace their normal margins.
Posted on 4/5/24 at 9:45 pm to jdaute2
How’d the effects of Covid factor in on those numbers..,, just curious?. Seems like everything went up during and after Covid.
Posted on 4/5/24 at 9:48 pm to BuckyCheese
A gallon of milk is $6 where I live and a small block of cheese is the same.
Dairy products went through the roof like Salmon.
Just jacked everything up after Covid.
Suddenly everything was $3 more. And the price of cereal is the most colossal ripoff in the food industry... It's fricking wheat and corn...the most abundant source on the planet.
Dairy products went through the roof like Salmon.
Just jacked everything up after Covid.
Suddenly everything was $3 more. And the price of cereal is the most colossal ripoff in the food industry... It's fricking wheat and corn...the most abundant source on the planet.
This post was edited on 4/5/24 at 9:49 pm
Posted on 4/5/24 at 10:08 pm to jdaute2
Tyson foods net profits are down despite revenues going up.
That was the first food producer that came to mind.
I don't believe your sources.
That was the first food producer that came to mind.
I don't believe your sources.
Posted on 4/5/24 at 10:12 pm to BuckyCheese
It frustrates me to hear them claim it’s only around 20%
Posted on 4/5/24 at 10:13 pm to jdaute2
Kraft's profit margin for 2023 was 10.7%.
In 2022, it was 8.9%.
I'm not seeing what you posted. And these are the largest food producers that I can think of off the top of my head.
In 2022, it was 8.9%.
I'm not seeing what you posted. And these are the largest food producers that I can think of off the top of my head.
Posted on 4/5/24 at 10:16 pm to Zach
quote:
PET FOOD... especially dog food.
I'd say a big bag of some brands have doubled in price in 4 years.
Cat and dog food
Posted on 4/5/24 at 10:19 pm to BuckyCheese
I’m truly thankful every meal we have at home (majority) and every grocery trip that I can buy what we need without worry. Do I like it — not a chance in hell. But can I still shop without too much worry about prices? Yes. Feel very blessed.
Posted on 4/5/24 at 10:54 pm to BuckyCheese
quote:
You are one dumb motherfricker Ron
quote:
I'm with Walt on this.
this is at least the 2nd time this week we have found common ground.
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