20 Food Products That Will Be Priceless In The Months Ahead | with Clayton Morris

Grocery prices have become a huge source of anxiety for many American families these days. We're clearly seeing that the current rate of price increases is reaching far higher levels than the official rate of food inflation suggests. While government officials tell us that we're paying around 15% more on groceries, some staple products have faced spikes of over 100% this year. Farmers, food makers, and retailers have all warned us that a wide range of grocery products are about to get even more expensive this summer.
As it turns out, the surge in consumer prices wasn't transitory after all, and a series of events continue to impact our food supply chains throughout the entire year, making the outlook for the next few months even more disturbing than it already is right now. We firmly believe that the best way of preparing to cope with these wild price swings is to get ahead of the hikes before they begin to ripple through the system.
That's why today we've listed 20 grocery items that are set to face significant increases in the near future, according to food industry experts. But before moving on, we kindly ask that you support our work with a thumbs up on this video, and don't forget to subscribe. Without further ado, let's check this list:
1. Oatmeal: A report by courts exposes that the price of oats is actually rising faster than the price of oil on global markets. No wonder why store brand oatmeal prices went from $1.99 to $3.99. Strained oats supplies will continue to push prices up in the year ahead since one of the world's largest oat milk producers, Oakley.
2. Frozen snacks: These handy prepared meals that used to make our lives easier have become way too costly for many families out there. Rising between 15% and 21% since 2021, and that's a trend we will continue to see this summer. Believe it or not, since August, the average price of Hot Pockets went from around two dollars to three dollars fifty. That's definitely too much for those who are on a tight budget.
3. Grapes: In December 2021, North American organic grapes cost four dollars per kilogram, according to the French fruit portal. Who could have imagined that they were gonna triple in price by June 2023? That's right, now Americans are having to pay twelve dollars for the same amount of fruit. Food industry experts with the Organic Fruit Network said that poor grape harvest due to extreme weather will make them 20 to 25 percent more expensive in the next few months.
4. Ramen: Given that the cost of refined flour is going through the roof, this convenient and easy-to-make dish is doubling in price in many supermarkets. Unfortunately, there's no relief in sight for skyrocketing flour prices, and customers are already noticing its impact rippling through the cost of many of their favorite foods. On a Facebook group, Shopper Genovia M said the other day, 'I went to buy a pack of ramen that used to be 25 cents, great meal saver on the night before a paycheck hits. Can always find a corner. I hadn't bought any in a while and almost passed out to see that it was now 45 cents. Can I still find 45 cents? Sure. But it just captures the whole problem. Prices didn't jump, they did an Olympic pole vault.'
5. Pickles: Did you notice that the price of a jar of pickles is about 20 percent higher than a year ago? All that is thanks to a shortage of glass jars that's been affecting the industry throughout the whole year. Food makers are also paying more for the production and distribution of this beloved product, and they aren't afraid to continue to pass on this increased cost to customers, which means that we might not have seen peak prices just yet.
6. Apples: Due to a ravaging drought that destroyed several crops in Washington state this summer, now we're being warned that apple prices are set to jump 20 percent above their five-year average. According to estimates released by Agro Intelligence in 2020, consumers could buy a bag of apples for between $3.50 and $4. Now, they're almost $7.50."
7. Mayonnaise: Well, if you think that ten dollars for a regular-sized jar of mayo is already too extreme, you should brace for an even greater shock in the months ahead. According to Bloomberg, the combination of a historic spike in both oil and egg prices.
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