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Are You Prepared for Food Inflation Flour up 400% rice up 200%

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  • Gigervamp
    Gigervamp Posts: 6,583 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I can't watch you tube vids on here. Do you have a link to an article instead?
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Basics are so expensive now, last year I made the Christmas Mince Pies for 82p a dozen, now it is going to cost 2.69 a dozen, it is just impossible to make ends meet these days.
  • thor
    thor Posts: 5,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Food prices may be going up around the world but the supermarkets take the p*ss by using this as an opportunity to hike up their margins yet further.
    There is never a genuine price war between them either as their 'sale' prices are mostly misleading and they know the public will always come back to them if they are tempted away for a short period.
    By and large customers don't care how much they pay for food it seems. They fill their trolleys and dish out the dosh without a second thought. I have to conclude that this is because we live in a prosperous society and can afford to behave in such a manner. Of course this lets the supermarkets off the hook and they have taken full advantage by hiking up their margins wherever possible.
    Thankfully this will all change next year when Gideon's cuts hit home. If you are living on the breadline(and there will be millions in this situation)You may actually start to see shoppers looking for more value and taking note of prices. As a consequence prices may be genuinely forced down. Hopefully this will mean less downsizing while keeping the price the same or less bogoffs where the original price used is the rrp which was never charged in the first place.
    Should prove interesting next year methinks.
  • I think the opposite. I reckon food will go up for the followwing reasons... Grain harvests have been poor and countries that produce grain and rice are failing to export enough of it, farmers have been stitched up by the supermarkets and going out of business daily which means we will have to import more from other countries, we do not produce enough in this country (not even 50% of the food we eat), vat going up and petrol going up next year will have a knock on effect on food and stuff like toiletries.

    I don't want to start a panic but I have been quietly stockpiling food for a few months now and have a houseful of tins! My advice, don't be blindsided by xmas, retailers are already putting prices up and changing packaging and I bet this will get worse come the new year.
    Save £12k in 2012 no.49 £10,250/£12,000
    Save £12k in 2013 no.34 £11,800/£12,000
    'How much can you save' thread = £7,050
    Total=£29,100
    Mfi3 no. 88: Balance Jan '06 = £63,000. :mad:
    Balance 23.11.09 = £nil. :)
  • chelms38
    chelms38 Posts: 425 Forumite
    I bet some people are still working their way through stuff they stocked up on pre millenium. :)
  • yes the prices seem to be shooting up already, last year i was buying spaghetti on bogof at around 50 to 60p almost every week now its more like over a pound and have found myself trying to make time for an extra trip to morrisons cos its on offer buitoni £1.05 bogoff i plan to buy at least a £5ers worth before it goes up again! trouble is every time i stock up on something i keep eating it :)
    I LOVE BETTY CROCKER
  • cindy101
    cindy101 Posts: 109 Forumite
    edited 23 November 2010 at 11:37PM
    thor wrote: »
    Food prices may be going up around the world but the supermarkets take the p*ss by using this as an opportunity to hike up their margins yet further.
    There is never a genuine price war between them either as their 'sale' prices are mostly misleading and they know the public will always come back to them if they are tempted away for a short period.
    By and large customers don't care how much they pay for food it seems. They fill their trolleys and dish out the dosh without a second thought. I have to conclude that this is because we live in a prosperous society and can afford to behave in such a manner. Of course this lets the supermarkets off the hook and they have taken full advantage by hiking up their margins wherever possible.
    Thankfully this will all change next year when Gideon's cuts hit home. If you are living on the breadline(and there will be millions in this situation)You may actually start to see shoppers looking for more value and taking note of prices. As a consequence prices may be genuinely forced down. Hopefully this will mean less downsizing while keeping the price the same or less bogoffs where the original price used is the rrp which was never charged in the first place.
    Should prove interesting next year methinks.
    :T great post thanks for that,
    i agree im on low budget with family and even though i do try hard to not spend as much on food it is hard and i do think i even spend to much in supermarkets at times,

    i'm planing to revamp my garden for next year and want to grow all my own veg i want to see if i can stop shopping in the likes of tesco ,adsa,
    i want to cut back on giving them my money and try to live off the land :D, all im missing is the hens and the cow ;)
  • sb44
    sb44 Posts: 5,203 Forumite
    I've been Money Tipped!
    I don't want to start a panic but I have been quietly stockpiling food for a few months now and have a houseful of tins!

    I have odds and sods but at the end of the day when the things that we have need replacing we are still going to have to pay a lot more for the stuff.
  • I would nt normally worry about prices but i have become more concerned recently with prices really shooting up it dose,nt help either that the world economy don t seem to be settling down one big problem following another if this were to settle down a bit so would i.:o
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    we do not produce enough in this country (not even 50% of the food we eat),

    Sorry, no offence to you but you have been misled. People who like/want to mislead others state that we import X% and don't explain why, because they want you to come to the obvious conclusion that it is because we don't produce enough.

    This is wrong, we import food because we want a wider choice, we want the things we can't grow in this country. We also import as par of trade agreements i.e. you buy x amount of our beef and we'll buy x amount of your lamb.

    We also export a lot of the food we produce, and plough a lot of it back into the ground because it is the wrong shape or size.

    If you add together the food we export and plough back into the ground you will find we produce more than we eat.

    But if we only ate what this country produces then our choice would be very limited. No oranges, bananas, pineapples, kiwi fruit etc. And it would be very seasonal, no strawberries in November etc.

    So to avoid this we export some of our produce when it is in season and we have too much, then import from other countries when theirs comes into season.

    It's also true that we import some stuff because it's cheaper than we can produce it for, but in there are other countries who import our stuff because it's cheaper than they can produce it for.
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